Hitachi set to cancel plans for £16bn nuclear power station in Wales
by Adam Vaughan from Environment | The Guardian on (#46S35)
Move by Japanese firm would be blow to UK plans to replace coal plants and ageing reactors
The Japanese conglomerate Hitachi looks certain to cancel its plans for a 16bn nuclear power station in Wales, leaving Britain's ambitions for a nuclear renaissance in tatters.
An impasse in months-long talks between the company, London and Toyko on financing is expected to result in the flagship project being axed at a Hitachi board meeting next week, according to the Nikkei newspaper.
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