Hitachi has announced today that it has set up a new company, Hitachi Nuclear Energy Europe Ltd, which will form its part of the proposed joint venture for the construction of the new nuclear station at Wylfa in Wales. The company believes this marks a further step for the project which will help to progress their negotiations with potential partners, Bechtel and JGC, to form a joint venture for the procurement and construction of the Wylfa Newydd project.
Speaking at UKTI’s annual nuclear showcase, Hitachi Europe’s Shunsuke Utena described formation of Hitachi Nuclear Energy Europe, Ltd. as “a key pillar of our increasing UK capability”, while he referred to the progress with potential partners – including an MoU which facilitates the final phases of advanced negotiation – as: “showing clear intent amongst the parties, with just the details now to be confirmed”.
The intention is that once formed, the joint venture (Hitachi Nuclear Energy Europe Ltd., Bechtel and JGC) will work as a Tier-1 contractor to Horizon, responsible for engineering, procurement and construction of the Wylfa Newydd project.
Executive Officer of Hitachi Nuclear Energy Europe, Shunsuke Utena said: “Wylfa is a UK project, and it’s essential that we have devolved UK-management. Hitachi Nuclear Energy Europe, Ltd. will lead our work in the proposed joint venture and further embed Hitachi as a UK nuclear company”.
Regarding progress in discussions with potential Tier-1 partners, he said: “Whilst the details of our agreement remain to be finalised, I am absolutely delighted that we are close to bringing together a team of such proven capability. Bechtel and JGC are world-leading in their fields, and together we are primed to help make this project a real success.”
Meanwhile, Hitachi-GE Nuclear Energy, Ltd. – which has held a Front End Engineering and Design contract with Horizon Nuclear Power for some three years – will continue to provide the UK ABWR nuclear plant design, and will operate under contract to the Tier 1 team, once fully established.