Fallon: Horizon nuclear project will boost investment and jobs
The UK Government has hailed the Horizon nuclear power project claiming it would help boost new investment and create thousands of jobs across the country.
Energy Minister Michael Fallon is set to meet executives from Hitachi and Horizon today, who are planning to invest £20 billion in new nuclear plants at Wylfa in Anflesey and Oldbury in Gloucestershire. He is also expected to meet businesses that will be bidding for supply chain contracts.
Last year, Japanese electronics giant Hitachi bought the Horizon project from German energy suppliers E.ON and npower for £696 million.
Hitachi expects the Horizon project to support up to 6,000 jobs directly during construction at each site and a further 1,000 permanent positions once operational. It would also provide enough clean energy to power 10 million homes over 60 years.
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Source: Energy Live News