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Economic Development

Planning application for Anglesey nuclear project withdrawn as developer pulls plug

Hitachi withdrew from the £16bn project after failing to reach a funding deal with º£½ÇÊÓÆµ Government

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

Developers behind Anglesey’s Wylfa Newydd have withdrawn their planning application for the £16bn project.

A failure to reach a funding agreement with the º£½ÇÊÓÆµ Government saw work ‘paused’ on the long awaited project in January 2019.

Ongoing troubles saw Hitachi announce last September that it was pulling out completely, initially leaving its Horizon Nuclear Power subsidiary to try and secure new investors for the site near Cemaes.

But with Horizon and despite an expectation that the º£½ÇÊÓÆµ Government would announce a , the company today informed the Planning Inspectorate that it was formally withdrawing its Development Consent Order (DCO) bid.

Established in 2018 with the first , the five member panel was to consider and make a recommendation to the º£½ÇÊÓÆµ Government on whether the DCO for the main nuclear power station and other off-site integral developments should be permitted.

But in a letter to the Planning Inspectorate earlier today, Horizon announced it was formally withdrawing its application, citing a lack of “any definitive proposal” to transfer either Wylfa or its other site, at Oldbury-on-Severn in Gloucestershire, to an alternative developer.

Describing as “highly suitable” for nuclear new build and capable of “substantially supporting º£½ÇÊÓÆµ energy policy,” the company added it was “too important to the net zero agenda and the economic future of Anglesey and north Wales for that progress to be wasted.”

With plans now in place manage both sites under the control of its subsidiary, Hitachi Europe Limited, Horizon CEO Duncan Hawthorne concluded: “This will be done with a view to considering development proposals from commercial or public sector developers who may come forward, and Horizon will continue to support this intent until the end of March.