Hitachi’s Pause on Wylfa Plant Deals Major Blow to UK New-Build Nuclear

By [email protected] Hopes for new nuclear plants in the U.K. are fading fast after Hitachi halted development of a GBP £13 billion ($17 billion) project last week. The Japanese developer hit pause on the Wylfa Newydd nuclear power project, in Wales, over concerns about funding.

The move came after another Japanese nuclear vendor, Toshiba, scrapped plans for a separate plant, Moorside, in Cumbria, north England, last year. Hitachi claims the project has been paused, not stopped. But prospects remain uncertain.

As GTM previously reported, Japanese vendors have been struggling to seal international deals in the wake of the Fukushima Daiichi nuclear disaster in 2011.

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