A group of MPs are urging the UK Government and Hitachi to capitalise on the benefits of Wylfa Newydd after the Japanese firm suspended its involvement on the project. In January 2019, work was suspended on the development of the Wylfa Newydd nuclear power station at Anglesey after Horizon, the company owned by Hitachi, said it was “unable to reach an agreement” following discussions with the UK Government. In its final report, the Welsh Affairs Committee calls on the UK Government and Hitachi to explore new financing models that might help get work back underway. One of the recommendations includes encouraging the UK Government to sell the site to another developer if Hitachi is not prepared to restart work.
ITV 3rd May 2019 read more »
The developer of a nuclear site on Anglesey should resume work on the plant or sell it to someone who will, a group of MPs has said. Work at Wylfa Newydd was suspended in January by Hitachi due to rising costs. A report by the Welsh Affairs Committee says the UK government should encourage Hitachi to sell the site if it is not prepared to resume work. Hitachi’s parent company Horizon said it was making progress. The UK Government has been asked to comment. The report urges Hitachi to look into new financial projects to ensure the scheme progresses, or seek out companies to develop alternative low carbon energy projects.
BBC 3rd May 2019 read more »