Statement from Horizon Nuclear Power re Nugen

horizon-logoHorizon welcomes the announcement that Toshiba Corporation has agreed in principle to buy a 60% share in the NuGeneration Limited Moorside project.

Alan Raymant, COO of Horizon Nuclear Power, said:  “This is further evidence of the robust UK new nuclear build programme.  The country needs new large scale sources of affordable low carbon power to address its energy challenges as older power stations close.  A substantive build programme also represents a huge opportunity for the country’s economy, supply chain and skills base.”

Horizon Nuclear Power is currently developing detailed designs for its Wylfa Newydd site which it expects to put out to public consultation later this year.

The company also plans to develop further reactors at its second site at Oldbury on Severn in South Gloucestershire, leading to an overall capacity of at least 5,400MW.

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