Energy Efficiency and Sustainability

30.10.12

Hitachi buys Horizon Nuclear Power

Nuclear project Horizon has been sold to Hitachi Ltd by German companies E.On and RWE. The £700m deal will see Hitachi build reactors on existing sites at Wylfa, Anglesey and Oldbury, near Bristol.

Preliminary contracts have been signed with UK companies Babcock International and Rolls-Royce, and the deal should be complete by the end of November.

Hitachi plans to build 6 gigawatts of nuclear capacity and the first plant is expected to be operational within the first half of the next decade. Each site will create up to 6,000 jobs in the construction phase, plus 1,000 permanent jobs once operational.

Horizon Nuclear Power was put up for sale in March, as E.On and RWE moved out of the nuclear power market.

Prime Minister David Cameron said: “This is a decades-long, multi-billion pound vote of confidence in the UK, that will contribute vital new infrastructure to power our economy.

“It will support up to 12,000 jobs during construction and thousands more permanent highly skilled roles once the new power plants are operational, as well as stimulating exciting new industrial investments in the UK's nuclear supply chain. I warmly welcome Hitachi as a major new player in the UK energy sector.”

Energy secretary Ed Davey said: “Hitachi bring with them decades of expertise, and are responsible for building some of the most advanced nuclear reactors on time and on budget, so I welcome their commitment to helping build a low-carbon, secure-energy future for the UK.”

Isle of Anglesey County Council leader, Cllr Bryan Owen, said: “This is an important development which represents a significant step forward in terms of securing a new power station on Anglesey. More importantly, it’s a major step towards realising significant local job creation and investment in the Anglesey economy, as well as wider benefits for the North Wales region.” 

Tell us what you think – have your say below, or email us directly at opinion@publicsectorexecutive.com

Comments

There are no comments. Why not be the first?

Add your comment

 
">

public sector executive tv

more videos >

latest public sector news

Tower Hamlets case highlights ‘obsolete and unfit’ election petition system

24/04/2015Tower Hamlets case highlights ‘obsolete and unfit’ election petition system

The Tower Hamlets mayoral election case highlights how the election petition system is “obsolete and unfit for purpose”, according to... more >
Winners of £4bn London public sector construction framework announced

24/04/2015Winners of £4bn London public sector construction framework announced

Twenty-five building contractors have been included in the £4bn housing and general building framework for public sector organisations acro... more >
Performance-related pay still rejected by public sector

23/04/2015Performance-related pay still rejected by public sector

Charles Cotton, adviser for performance and reward at the Chartered Institute of Personnel and Development, talks to PSE about employee attitudes... more >

editor's comment

01/02/2015A new start, a fresh outlook

As you will have seen, Public Sector Executive has undergone an extensive redesign to improve the look and feel of the magazine, to signpost readers to our articles more easily and to make our content as attractive and engaging as possible. We hope you enjoy the new look and continue to find something of value in these pages, with contrib... read more >

featured articles

View all News

last word

Stats, facts and evidence in the general election

Stats, facts and evidence in the general election

Is there any hope of getting more evidence into political debates running up to May? Jonathan Breckon, head of the Alliance for Useful Evidence, explores the issues. Surely inconvenient stat... more > more last word articles >
149x260 PSE Subscribe button

the raven's daily blog

Transforming local archives in an age of austerity

20/04/2015Transforming local archives in an age of austerity

The National Archives and the Local Government Association (LGA) have published a new series of 13 case studies illustrating what work councils can do to transform local archive services “despite a background of continuing austerity”. Jeff James, keeper and chief executive of the National Archive, stated that local authorities... more >
read more blog posts from 'the raven' >

featured events

NAPF Local Authority Conference

18 May 2015 __:__

The programme will focus on a number of areas, including looking outwards at this time of polit...

read more >

Local government conference 2015

14 Jun 2015 __:__

The national conference of UNISON's local government group, to discuss issues and set policy af...

read more >

Digital Health and Care Congress 2015

16 Jun 2015 __:__

*10% discount for Public Sector Executive subscribers: register now* The King’s Fund...

read more >

Implementing primary and acute care systems

23 Jun 2015 __:__

*10% discount for Public Sector Executive subscribers: register now*   This conf...

read more >

LGA annual conference and exhibition 2015

30 Jun 2015 __:__

In May 2015 the nation will have a new Government, determining the course the country takes, no...

read more >
view all events

events calendar

back

April 2015

forward
mon tue wed thu fri sat sun
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15

ADASS Spring Seminar 2015

15/04/2015 - 17/04/2015

16

ADASS Spring Seminar 2015

15/04/2015 - 17/04/2015

17

ADASS Spring Seminar 2015

15/04/2015 - 17/04/2015

18 19
20 21 22 23

SOCITM Spring Conference

23/04/2015

The Socitm Spring Conference, which has been running for 28 years, returns with the aim of supporting over 150 technology and business leaders from local public services to ‘open-up digital’.

24 25 26
27 28 29 30 1 2 3
4 5 6 7 8 9 10

comment

Helping the individual neet, not the neet problem

23/04/2015Helping the individual neet, not the neet problem

Will Nixon runs PM Training, which helps young people into apprenticeships and is part of social regeneration business the Aspire Group, of which... more >
Cutting carbon for sustainable growth

23/04/2015Cutting carbon for sustainable growth

Sarah Stopforth, assistant researcher at the New Local Government Network, writes about how local government has an essential role to play in coo... more >
Is this the greenest public sector ever in the UK?

23/04/2015Is this the greenest public sector ever in the UK?

With the general election looming, Tim Pryce, head of public sector at the Carbon Trust, looks at the public sector’s sustainability perfor... more >
Local authorities need to embrace data sharing and modern technology to reduce debt and fraud

23/04/2015Local authorities need to embrace data sharing and modern technology to reduce debt and fraud

James Rawlins, senior consultant at Callcredit Information Group, looks at the most efficient way to tackle debt and fraud by embracing modern te... more >

interviews

The best-kept secret in the public sector

23/04/2015The best-kept secret in the public sector

Carl Fillery is chief executive of CSMA Club, the membership organisation that offers discounts, deals and leisure experiences for people working... more >
A joined-up approach to tackling fraud in the public sector

23/04/2015A joined-up approach to tackling fraud in the public sector

Rachel Tiffen, head of CIPFA’s Counter Fraud Centre, discusses how a new partnership could help public services in the fight against fraud ... more >
Changing the conversation

23/04/2015Changing the conversation

The Centre for Local Economic Strategies is a think tank that says it not just thinks, but does. PSE went to meet its chief executive of 12 years... more >
In business

23/04/2015In business

Many local authorities have been exploring the use of joint ventures and subsidiary businesses in recent years, either to shift costs or as a pot... more >

public sector focus

View all News