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Economic Development

Hitachi 'continuing discussions' with º£½ÇÊÓÆµ and Welsh governments over Wylfa land

Plans for their nuclear plant on Anglesey have been scrapped but hopes remain that new developer can be found

A general view of the Wylfa Nuclear Power Station. Photo by Christopher Furlong/Getty Images)(Image: Getty Images)

Hitachi said it is "continuing discussions" with º£½ÇÊÓÆµ and Welsh governments over the future of the Wylfa site on Anglesey.

A failure to reach a funding agreement between Hitachi and the º£½ÇÊÓÆµ Government saw work ‘paused’ in January 2019 and last September the Japanese firm said it was withdrawing from the scheme.

They pulled the planning application last week ahead of a º£½ÇÊÓÆµ Government decision, with a report from inspectors revealing the £16bn scheme had been recommended for refusal.

But º£½ÇÊÓÆµ and Welsh governments say they remain determined to realising the potential of the site, rated as one of the best in Europe for nuclear - with SMR chiefs also eyeing the land for smaller reactors.

This weekend the Sunday Times reported Welsh Government was looking at acquiring Hitachi's º£½ÇÊÓÆµ nuclear vehicle Horizon Nuclear Power - although this has not been confirmed by Hitachi, Horizon or Welsh Government.

A spokeswoman for Hitachi did say: "Hitachi is continuing its discussions with the relevant Governments about the use of the remaining land."

The Welsh Government said in a statement: "Hitachi's decision to withdraw from the Wylfa Newydd project is disappointing. 

"While we will not comment on speculation, we remain convinced that Wylfa Newydd is one of the best sites for a new nuclear development in Europe and continue to discuss potential ways forward for the site with both Hitachi and Horizon."