Nuclear new build melt down

It has been announced today that RWE Npower and E-On have pulled out of their project to build new nuclear powered generating rectors at the sites in Anglesey and Oldbury, Gloucs.  There is little information at present but this news from the Horizon consortium represents a set back to the UK’s plans for future power generation.

The cancelling of the £15 billion scheme is a significant blow to both local economies but there are hopes that the Government will be able to attract alternate providers.  The UK’s nucear power generating plans are still on course with EDF Energy, who are progressing plans to build in Hinckley in Somerset and Sizewell in Suffolk and the NuGen consortia made up of GDF Suez and Iberdrola who are working in West Cumbria.

Following the Fukushima nuclear accident the German Government announced its decision to phase out nuclear power generation and this is thought to have played a part in the decision by Horizon.