Hitachi withdraws from N-project

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London

Plans for a £15-£20bn nuclear power plant in Wales have been scrapped. Work on the Wylfa Newydd project on Anglesey was suspended in January last year because of rising costs after Hitachi failed to reach a funding agreement with the UK government.
Isle of Anglesey council said the company had now confirmed in writing it is withdrawing from the project. Council leader Llinos Medi said: “This is very disappointing, particularly at such a difficult time economically.” Developer Horizon Nuclear, which is owned by Hitachi, said it would not comment.
The UK government also declined to comment. However Anglesey council said it had received a letter from the Tokyo-based parent company confirming its decision. Mrs Medi has asked to meet both the Welsh and UK governments to discuss the future of the site.—BBC News

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