Horizon Nuclear Power

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Horizon Nuclear Power Limited
legal form Limited Company
founding November 2009
Seat Gloucester , England , UK
Website www.horizonnuclearpower.com

Horizon Nuclear Power is a company of the Japanese Hitachi group, founded in 2009 and based in Gloucester , England . The company's aim is to build and operate nuclear power plants in the UK.

history

Great Britain changed its energy policy around 2006 and planned to double its nuclear power capacity from 10.7 GW to around 19 GW in the long term (details here ).

Horizon Nuclear Power was founded in 2009 as a joint venture between the German energy groups RWE and E.ON , both indirectly through their British subsidiaries.

The companies Électricité de France (EdF), Horizon Nuclear Power and NuGeneration were able to bid for building sites at eight different locations. Horizon Nuclear Power secured building space for an expansion at the sites of the existing nuclear power plants Wylfa in Wales and Oldbury in the West Midlands . In October 2011, HNP paid the equivalent of 230 million euros for this area.

Either three EPRs or four AP1000s ( Westinghouse ) were to be built at the Wylfa site, and two EPRs or three AP1000s at Oldbury. The start of construction in Wylfa was forecast for 2015, in Oldbury 2017 or later. The new construction plans at all eight locations were approved by the Parliament of the United Kingdom on July 18, 2011 .

In July 2011 it became known that EON and RWE were roofing over the new nuclear power plant. Billions in investments, such as in the Horizon case, which will only pay off in many years, can currently hardly be conveyed to investors. After the nuclear phase-out in Germany in 2011 (triggered by the Fukushima nuclear disaster (from March 2011)), the financial situation of the two energy companies deteriorated.

RWE and E.ON announced in March 2012 that they were withdrawing from the consortium and looking for a buyer for the company. RWE and E.ON are therefore no longer pursuing plans to build new power plants in Great Britain. On October 30, 2012, it was announced that the Japanese company Hitachi would take over Horizon for £ 696 million. The acquisition was completed on November 26, 2012.

Web links

Individual evidence

  1. Contact us. Horizon Nuclear Power, accessed January 6, 2013 .
  2. ^ RWE npower, E.ON UK nuclear joint venture fully established. (PDF; 72 kB) Press release. Horizon Nuclear Power, November 5, 2009; accessed July 6, 2011 .
  3. ^ A b WNA - Nuclear Power in the United Kingdom
  4. a b spiegel.de October 28, 2011: E.on and RWE are promoting the construction of new nuclear power plants
  5. Horizon Nuclear Power: OUR SITES: WYLFA
  6. spiegel.de July 5, 2011: E.on and RWE consider stopping new nuclear power plants
  7. RWE, EOn pull plug on UK nuclear plans
  8. Hitachi buys nuclear company from E.on and RWE , Die Welt, October 30, 2012
  9. Horizon completes transition to Hitachi. (PDF file, 147 KB) Horizon Nuclear Power, November 26, 2012, accessed on July 15, 2013 .