News that the Japanese investor, Hitachi, has pulled the plug on the Wylfa new nuclear plant in North Wales has repercussions for the new nuclear projects on the East Coast, Sizewell C and Bradwell B, says Prof. Andy Blowers, Chair of the Blackwater Against New Nuclear Group (BANNG). The loss of Wylfa signals the huge expense of new nuclear development. It is clear that the UK government would have to intervene to revive the Wylfa project, which is supported by the local community. At the same time the French company EDF has its own financial woes and has made it clear it will need support from UK taxpayers or consumers in order to continue with Sizewell C. While the Chinese developer, CGN, appears to have the resources it, too, may be reluctant to underwrite Bradwell B without UK support in some form or other. In any case concerns about risks to our national security from Chinese investment in our nuclear infrastructure are becoming more insistent to the point where either the British or Chinese government may choose to call it a day.
BANNG 23rd Sept 2020 read more »