Updated: January 28, 2021, 6:38 pm
Undated Horizon handout image of an artist’s impression of a planned nuclear power station at Wylfa on Anglesey in north Wales (Horizon/PA)
Sign up for our daily newsletter featuring the top stories from The Press and Journal.
Thank you for signing up to The Press and Journal newsletter.
Something went wrong - please try again later. Sign Up
The nuclear industry has expressed disappointment after developers behind a planned new multi-billion pound nuclear power station officially pulled the plug on the project.
Horizon Nuclear Power has withdrawn its application for a development consent order (DCO) at the Wylfa Newydd site on Anglesey in north Wales after Japanese backer Hitachi announced last September that it was pulling out of the scheme.
The news that the Hitachi subsidiary Horizon Nuclear Power had notified the Planning Inspectorate that it is withdrawing its application for a Development Consent Order (DCO) for Wylfa Newydd on Anglesey has been has drawn reaction from the island s politicians. Rhun ap Iorwerth, Ynys Môn MS said warned the real cost of the UK Government s failure to deliver the project was that of long-term job opportunities. He said: Hitachi/Horizon’s decision to withdraw their planning application for Wylfa Newydd marks the end of the road for their project. The UK Government ultimately failed to deliver, and there’s a real cost to that in terms of long-term job opportunities.
Wylfa Newydd CGI. Source: Horizon Nuclear Power
Horizon Nuclear Power has officially withdrawn its application to build the proposed Wyfla Newydd nuclear facility, dashing hopes a new investor might take over on the scheme.
In December, the company, a subsidiary of Hitachi, was granted a delay to the scheme’s development consent order after it said it was in “early conversations with third parties” about transferring the site.
But in a letter yesterday, Horizon chief executive Duncan Hawthorne said: “As you know, Hitachi announced the suspension of the project in January 2019 and its intent to withdraw entirely in September 2020. In light of this and in the absence of a new funding policy from HM Government, Hitachi Ltd has taken the decision to wind-up Horizon as an active development entity by 31 March 2021.”
End of plans for new nuclear power station
Updated: January 28 2021, 6.38pm
Undated Horizon handout image of an artist’s impression of a planned nuclear power station at Wylfa on Anglesey in north Wales (Horizon/PA)
The nuclear industry has expressed disappointment after developers behind a planned new multi-billion pound nuclear power station officially pulled the plug on the project.
Horizon Nuclear Power has withdrawn its application for a development consent order (DCO) at the Wylfa Newydd site on Anglesey in north Wales after Japanese backer Hitachi announced last September that it was pulling out of the scheme.
Duncan Hawthorne, Horizon’s chief executive officer, said in a letter to the Planning Inspectorate: “As you know Hitachi announced the suspension of the project in January 2019 and its intent to withdraw entirely in September 2020.
Planning application for Anglesey nuclear project withdrawn as developer pulls plug
Hitachi withdrew from the £16bn project after failing to reach a funding deal with UK Government
Sign up to FREE email alerts from
BusinessLive -
Subscribe
When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. OurPrivacy Noticeexplains more about how we use your data, and your rights. You can unsubscribe at any time.
Thank you for subscribingWe have more newslettersShow meSee ourprivacy notice
Developers behind Anglesey’s Wylfa Newydd have withdrawn their planning application for the £16bn project.