Horizon nears end of design process for nuclear plant

Horizon Nuclear Power said yesterday that it was in the “final stages” of selecting the design for its proposed new nuclear power station in Wales.

The company – a UK-based joint venture between E.ON (FWB: EOAN) and RWE npower – has been weighing the pros and cons of two designs since 2010: the AP1000 from Westinghouse and the European Pressurised Reactor from Areva.

Areva’s design has already been selected for use at another planned UK nuclear site at Hinkley Point in Somerset.

Horizon said the final decision on the Welsh site, at Wylfa on the island of Anglesey, was due to be made in the “next month or so”.

As well as Wylfa, Horizon wants to build a new reactor at Oldbury in Gloucestershire.

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