Hitachi Ltd. plans to close Horizon Nuclear Power, its U.K. nuclear development subsidiary, early this spring, according to weekend news reports. Horizon is the firm behind Wylfa Newydd, the proposed nuclear new-build project in Wales.

On January 10, citing a story that appeared earlier that day in The Times, Yahoo reported that Hitachi will close Horizon by March 31—a move, Yahoo said, that “could scupper a sale of the [Wylfa Newydd] site, which has attracted interest from bidders, including a U.S. consortium of Bechtel, Southern Company, and Westinghouse, and dent [the] U.K.’s clean energy goals.”

However, a January 11 item on a Welsh online news service stated, “It is understood that if a sale of the site is not secured before Horizon shuts, the sale process will be continued by Hitachi.”

Artist's concept of the Wylfa Newydd project. Image: Horizon Nuclear Power

The U.K. government has agreed to delay until April 30 its decision regarding the issuance of a development consent order (DCO) for, the nuclear new-build project proposed for the island of Anglesey, off the northwest coast of Wales. (DCOs are required for large infrastructure projects in the United Kingdom to move forward.)

Artist's concept of the Wylfa Newydd project. Image: Horizon Nuclear Power

The London-based newspaper Financial Times is reporting that a consortium of U.S. firms is holding discussions with the U.K. government to revive Wylfa Newydd, the nuclear new-build project in Wales from which Tokyo-based Hitachi Ltd. withdrew in September. According to the November 10 FT story—which is based on an anonymous source—the consortium is led by Bechtel and includes Southern Company and Westinghouse.

Artist's concept of the Wylfa Newydd project. Image: Horizon Nuclear Power

Hopes for the construction of a two-unit nuclear power station in Wales—dashed some three weeks ago when Hitachi Ltd. officially announced its withdrawal from the proposed Wylfa Newydd plant—rose again slightly last week when the United Kingdom’s Planning Inspectorate agreed to delay its decision regarding issuance of a development consent order (DCO) for the project.

The original deadline for the decision had been September 30, but following the receipt of a pair of letters from Horizon Nuclear Power—the Hitachi subsidiary in charge of the project—the inspectorate consented to a December 31 extension.

Artist's concept of the Wylfa Newydd project. Image: Horizon Nuclear Power

Tokyo-based Hitachi Ltd. today announced that it is withdrawing from the currently suspended Wylfa Newydd nuclear-build project in northwestern Wales. The announcement dashes the hopes raised last month by reports that Horizon Nuclear Power, the Hitachi subsidiary in charge of the project, was in talks with the U.K. government regarding a possible resuscitation.

Hitachi had put the project on hold some 20 months ago, and in today’s announcement the company cited the length of the suspension and the COVID-19 investment environment as factors in its decision.