Wylfa Newydd in UK Infrastructure Plan
by David Phillips
Horizon's Wylfa Newydd gets go-ahead
The UK government has announced that Wylfa Newydd, the nuclear reactor new build on Anglesey, among its projects in a 20 year infrastructure plan.
Likely to cost £8 billion, the Wylfa Newydd project by Horizon Nuclear Power, a subsidiary of Hitachi, which bought the site in 2012 for £700 million from RWE and E.ON, will still need to get through various planning hurdles possibly lasting 3 years.
Horizon Chief Operating Officer Alan Raymant said "it will build confidence amongst the supply chain, future workforce, local communities and potential investors."
This long term energy infrastructure project will benefit a number of generations as it is estimated to generate electricity for around 60 years, and providing around 1,000 jobs for people on Anglesey.
We will watch developments with great interest.
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