Hitachi has announced the creation of a UK subsidiary tasked with designing and building new nuclear power plants in Britain. Hitachi Nuclear Energy Europe will work on the engineering, procurement and construction of Wylfa Newydd, Horizon Nuclear Power’s proposed new plant in Wales. Hitachi acquired Horizon in 2012 for £700 million. Another subsidiary of Hitachi will supply Wylfa Newydd’s two Advanced Boiling Water Reactors, which will have a combined generation capacity of 2.7GW. The new company plans to form a joint venture with Bechtel and JGC to work as a key contractor on the development. A memorandum of understanding has been signed by the three parties, which should allow the final phases of negotiation to take place, according to Hitachi.
Utility Week 19th Jan 2016 read more »
Construction News 19th Jan 2016 read more »
Hitachi today announced the incorporation of a new UK company – Hitachi Nuclear Energy Europe – as part of its strategy to enhance its UK presence for the engineering, procurement and construction of Horizon Nuclear Power’s new nuclear power plant development at Wylfa Newydd. Horizon Nuclear Power, a 100% subsidiary of Hitachi Ltd, plans to deploy the UK Advanced Boiling Water Reactor (ABWR) at two sites – Wylfa Newydd, which is on the Isle of Anglesey, and Oldbury-on-Severn, in South Gloucestershire. Hitachi Nuclear Energy Europe will lead Tokyo-headquartered Hitachi’s work in a proposed joint venture with potential partners Bechtel Management Company and JGC Corporation. Speaking at UK Trade & Investment’s (UKTI’s) annual nuclear showcase, Hitachi Europe’s Shunsuke Utena described formation of Hitachi Nuclear Energy Europe as “a key pillar of our increasing UK capability”. UKTI is a UK government department.
World Nuclear News 19th Jan 2016 read more »
Hitachi-GE has formed a UK delivery team to lead an engineering, procurement and construction (EPC) scope of work for Horizon Nuclear Power for their nuclear new build projects at Wylfa Newydd and Oldbury-on-Severn. The EPC work which Hitachi-GE leads will account for some 85-90% of the overall project scope, and entail a multi-billion pound supply chain spend.
Scottish Energy News 20th Jan 2016 read more »