Work on the Wylfa Newydd project on Anglesey was suspended in January last year because of rising costs after Hitachi failed to reach a funding agreement with the UK government.
Isle of Anglesey council said the company had now confirmed in writing it is withdrawing from the project.
Council leader Llinos Medi said: “This is very disappointing, particularly at such a difficult time economically.”
Developer Horizon Nuclear, which is owned by Hitachi, said it would not comment.
The UK government also declined to comment.
However Anglesey council said it had received a letter from the Tokyo-based parent company confirming its decision.
Work on the Wylfa Newydd project on Anglesey was suspended in January last year because of rising costs after Hitachi failed to reach a funding agreement with the UK government.
Isle of Anglesey council said the company had now confirmed in writing it is withdrawing from the project.
Council leader Llinos Medi said: “This is very disappointing, particularly at such a difficult time economically.”
Developer Horizon Nuclear, which is owned by Hitachi, said it would not comment.
The UK government also declined to comment.
However Anglesey council said it had received a letter from the Tokyo-based parent company confirming its decision.
- Donald Trump plea over Wylfa nuclear project sale dismissed
- Wylfa Newydd and the energy gap
- What’s Wylfa – and why is it so important?
[…]
When the UK government said nuclear was part of its push for green energy, the industry thought it was a positive sign for Wylfa Newydd.
But critics question how green nuclear energy really is, not to mention how safe it is.
Wales has been called the “land of artists’ impressions” with many big schemes that are talked about and never happen.
[…]
“The challenge now is to find other projects that can make use of these skills.”
Mr Jones said other energy projects on the island, such as the Morlais tidal energy scheme, could make use of the investment already made.
Read more at Wylfa: Hitachi ‘withdraws’ from nuclear project
