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.

The Nuclear Industry Association (NIA), the trade group for the United Kingdom’s civil nuclear industry, unveiled a new report yesterday that sets out a framework for cutting the cost of building new nuclear power plants in Britain.

The 27-page report, Nuclear Sector Deal: Nuclear New Build Cost Reduction, is available online.