Analysts are assessing the impact of Hitachi’s decision to pull out of a nuclear power plant project in Wales on the prospects for Chinese involvement in nuclear power generation in the United Kingdom. At present relations between the UK and China are at a low point, but with the UK aiming to maintain a 20% nuclear power generation mix as old reactors are shut down, there is a need for foreign investment. The Sizewell C consortium includes Assystem, Atkins, Balfour Beatty Bailey, Bilfinger, Cavendish Nuclear, Doosan Babcock, EDF, Jacobs, Laing O’Rourke, Mott MacDonald, Mace, and a host of smaller businesses. It is also backed by some of the country’s biggest trade unions including the GMB, the Unite Union and Prospect. But Member of Parliament Ian Duncan Smith, who was once leader of the Conservative Party, has led calls to block Chinese involvement in the project.
The Asset 30th Sept 2020 read more »