RWE Wylfa Investment Decision After 2011

by David Phillips

RWE AG, the German utility which along with E.ON AG won land near Wylfa on Anglesey for new nuclear build, may not make a final decision to invest until after 2011.

At a nuclear energy conference in Paris on Monday 29 June 2009, vice President of RWE Power Nuclear Division, Hartmut Pamme said the company does not foresee a final investment decision being made before 2011, according to Dow Jones.

It seems the final decision on building a new generation of new nuclear power plants in Britain may not even be in 2012 and could be "even later".

Recently RWE NPower held a consultation process on the island with local stakeholders, setting out potential plans for a new reactor at the Wylfa site outside Cemaes.

The existing power station, Wylfa A, has had its
operating life extended to the end of 2010
, and there is a possibility that extension could go up to 2014, depending on the decision made by the Department of Energy and Climate Change.

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