Hitachi to Build the Next Generation of British Nuclear Power Plants

Hitachi to Build the Next Generation of British Nuclear Power Plants

by peixej@oilprice.com (Joao Peixe)

The Japanese company Hitachi has signed a £700 million deal to buy Horizon Nuclear Power, which will give them the ability to construct the next generation of nuclear power plants in the UK; a deal that may have been influenced due to the collapse of the Japanese nuclear industry.Horizon had the rights to build reactors at Wylfa on Angelsey in Noth Wales, and Oldbury in Gloucestershire, all of which now pass on to Hitachi, who have announced plans to build between two and three new nuclear power plants at each site as part of, what it calls,…Read more...http://oilprice.com/Latest-Energy-News/World-News/Hitachi-to-Build-the-Next-Generation-of-British-Nuclear-Power-Plants.html