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UK / Hitachi Confirms Plans To Scrap Wylfa Newydd Nuclear Project

By David Dalton
16 September 2020

Company blames lack of financing package and post-Covid investment environment
Hitachi Confirms Plans To Scrap Wylfa Newydd Nuclear Project
A computer-generated image of the planned Wylfa Newydd project, which has been scrapped. Courtesy Horizon.
Hitachi announced that it is scrapping plans to build two UK Advanced Boiling Water Reactors at the Wylfa Newydd nuclear site in north Wales, blaming the lack of a viable financing structure in an “increasingly severe” post-Covid investment environment.

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