RWE npower, E.ON UK nuclear joint venture fully established

RWE UK LogoRWE npower and E.ON UK have today (5 November 2009) announced further details of their nuclear joint venture which will be responsible for continuing to progress plans for the development of a new nuclear power station at Wylfa on Anglesey. The company will be called Horizon Nuclear Power.

Earlier this year the company secured development land at Wylfa and also at Oldbury-on-Severn in South Gloucestershire enabling a programme of new nuclear power station development to begin that could involve more than £15bn of investment. 

The newly appointed Chief Operating Officer of Horizon Nuclear Power, Alan Raymant said: “Nuclear energy will form a key part of Britain’s low carbon future and Horizon Nuclear Power will play an important role in delivering new nuclear stations, helping achieve the UK’s challenging environmental targets and keeping energy prices affordable over the long term.”  

“We believe Wylfa is a very good site for the potential development of a new nuclear power station and we look forward to working with the people of Anglesey and North Wales to make it a reality. In addition to our work on Anglesey, one of our key next steps will be to complete the process of selecting the reactor technology for the site. Choosing our reactor supplier – between Westinghouse and AREVA is a significant milestone and we hope to have identified our preferred supplier by early in the new year.”

Alan Smith, Nuclear Development Project Manager for Wylfa added:  “This is a very positive announcement for the future of a new power station at Wylfa, but I would like to stress that the existing project team on Anglesey will remain in place.  We look forward to continuing and expanding our very positive relationships with local people and organisations and we will shortly be setting up a local office at the visitor centre of the existing Wylfa Power Station. 

“I would also like to let people know that between 24 and 30 November we will be holding a series of events across Anglesey and in Bangor which will be an excellent opportunity to discuss our proposals in more detail and to answer questions about Horizon Nuclear Power.  We will be writing to every property on Anglesey with further details.”

The 50:50 joint venture between RWE npower and E.ON UK was created in January and aims to develop around 6,000MW of new nuclear capacity in the UK – enough to power a city the size of Greater London – by 2025.  The first reactor is expected to come online around 2020. 

A new power station at Wylfa could create up to 5,000 jobs during construction and around 800 permanent operational, training, and maintenance roles, potentially increasing to 1000 including support staff.

Horizon Nuclear Power will have an initial focus on consenting and constructing new nuclear power stations which will have a 60 year lifetime.

The company will begin operation from 16 November working from new headquarters near Gloucester. 

E.ON and RWE have interests in 23 nuclear reactors in Germany and Sweden, including two jointly owned reactors at Gundremmingen and one at Lingen. 

If anyone has any questions about Horizon Nuclear Power or the proposals for a new nuclear power station at Wylfa, they can leave a message on the dedicated information line on 0845 136 0104 or email information@rwenpowerwylfa.com