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UK’s Net Zero agenda in trouble as Hitachi pulls plug on nuclear power plant

The Sunday Times

A project to build a huge nuclear power station in north Wales is to be wound down by the end of March, threatening hopes of its resurrection via a sale.

Hitachi’s Horizon subsidiary was to build a £20bn nuclear plant at Wylfa on Anglesey

Japan’s Hitachi has told staff it will shut its Horizon subsidiary, which was to build a £20bn nuclear power plant at Wylfa on Anglesey, by March 31. That could scupper a sale of the site, despite interest from bidders including a US consortium of Bechtel, Southern Company and Westinghouse, and dent Britain’s clean energy aims.

Hitachi said in September it would not proceed with the plan, despite having put £2bn into it, but the haste to shut it down and dismiss remaining staff has sparked concern.

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