Louth County Council is holding a Transboundary Environmental consultation at present on the proposed Wylfa Newydd nuclear power plant in the UK. The consultation got underway last week and will run until close of business on Friday February 15th. The consultation relates to the proposal for a new nuclear power plant in Anglesey in North Wales, which is just 131 miles from Dundalk and 82 miles from Dublin.
Talk of the Town 31st Jan 2019 read more »
Hitachi Ltd. on Friday reported a 68 percent decline in group net profit in the April-December period from a year earlier, with the firm primarily attributing the fall to its subsidiary’s suspension of a nuclear power plant project in the United Kingdom. The Japanese electronics giant said net profit sagged to ¥82.6 billion for the nine months, down from ¥258.58 billion for the same period the previous year, due to a special loss attributed to the project. The firm also slashed its net profit projection for the full year through March by 50 percent compared with the previous fiscal year, to ¥180 billion.
Japan Times 1st Feb 2019 read more »
Hitachi now expects net profit to fall by half to 180 billion yen ($1.64 billion) for the year ending in March, upgrading its estimate thanks to share sales that cushioned the blow of a U.K. nuclear business write-down. The Tokyo-based industrial group on Friday upgraded its estimate by 80 billion yen, or $730 million, to reflect the sale of stakes in a British train-leasing company and a unit that makes lithium-ion batteries for autos. This comes just two weeks after Hitachi said it was freezing the Wylfa Newydd nuclear power plant project and slashed its full-year net profit projection to 100 billion yen from the earlier 400 billion yen forecast, owing to a 300 billion yen impairment charge.
Nikkei Asian Review 2nd Feb 2019 read more »