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GBN to buy sites for new nuclear

March 12, 2024, 12:00PMNuclear News

Hitachi pulled out of plans for a nuclear project at Wylfa in 2020 (Image: Horizon Nuclear Power)

Great Britain announced last week that it will purchase land at two nuclear sites from Hitachi for £160 million ($203 million).

Chancellor Jeremy Hunt announced the deal for the sites—Wylfa in northern Wales and Oldbury-on-Severn in southwestern England—during the annual budget speech to Parliament. Under Hitachi’s ownership, the land was prepped for developing a pair of advanced boiling water reactor units, but those plans were suspended in 2019 due to economic constraints.

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