UK / Government Acquisition Of Nuclear Sites ‘A Pivotal Moment’, Says Industry

Great British Nuclear confirms purchase of sites at Wylfa and Oldbury

Government Acquisition Of Nuclear Sites ‘A Pivotal Moment’, Says Industry
An aerial view of the Wylfa nuclear power station site in north Wales. Courtesy Wikipedia.

Great British Nuclear (GBN) has confirmed that the UK government is acquiring two sites to secure new nuclear build in the country, following chancellor Jeremy Hunt’s parliamentary statement that £160m (€187m, $203m) has been included for the purchases in the UK’s spring budget.

The UK’s Office of Budgetary Responsibility spokesperson told NucNet that the UK government had agreed a deal with Hitachi.

The deal includes the purchase from Hitachi of the sites at Wylfa in north Wales and at Oldbury in south Gloucestershire, England.

The Wylfa site had been valued at £200m, according to the Financial Times, which first reported the talks between Hitachi and GBN, the government body overseeing the deployment of new nuclear.

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