Activity was suspended in January 2019 due to the absence of a clear funding package for the lead Wylfa Newydd project. Horizon maintained the capability to remobilise in the event that a new financing model was re-established. This included over 10 years of stored project data and knowledge, applications for permits and licences and a small core team of staff and contractors.
Horizon will now take steps for the orderly closing down of all its current development activities, but will keep the lines of communication open with Government and other key stakeholders regarding future options at both our sites.
Chief Executive Duncan Hawthorne said:
“I understand this announcement will be disappointing for our many supporters who had hoped to see our project through to completion and I would personally like to thank you for your support throughout our time on this project.
“In particular I would like to thank our lead host community of Anglesey in Wales, represented by the Isle of Anglesey County Council and Welsh Government, and the key representatives around Oldbury.
“I would also like to express my sincere gratitude to the many international, UK and Welsh stakeholders who have supported us in the development of our projects.
“Nuclear power has a critical role to play in helping tackle our energy needs, meeting our climate change targets and levelling up the economy through green growth and job creation.
“Wylfa Newydd on Anglesey and Oldbury on Severn are highly desirable sites for new nuclear build. We will do our utmost to facilitate the prospects for development which will bring the major local, national and environmental benefits that nuclear can uniquely deliver as we push to transition to a net zero carbon economy by 2050.”