Hitachi to pull plug on north Wales nuclear power station

Scrapping of £16bn project on Anglesey down to lack of UK government investment in new nuclear, says unionA Japanese company is abandoning plans to build a new nuclear power station on Anglesey, off the coast of north Wales, dashing hopes for thousands of jobs involved in its construction and knocking the UK’s ambition to become a “net zero carbon” emission country by 2050 off course.Hitachi, the Tokyo-based multinational, is expected on Wednesday to announce it is permanently scrapping plans for the £16bn Wylfa power station. Work on the Wylfa Newydd project, which is next door to an existing, decommissioned power plant, had already been suspended after Hitachi failed to reach a funding agreement with the UK government, but the planning process continued. Continue reading... https://www.theguardian.com/business/2020/sep/15/hitachi-to-pull-plug-on-north-wales-nuclear-power-station #hitachi #nuclear_power #business #technology_sector #wales #environment #energy #uk_news #energy_industry #renewable_energy #japan