... Planning approval for a new Welsh nuclear power plant has been put on hold again, as talks continue to save the project. Tom Greatrex, chief executive of the UK Nuclear Industry Association, said the Horizon project would provide 60 years of reliable, secure, low-carbon power for homes, businesses and public services - with a strike price much below any offshore wind project generating power now and cost competitive with all low carbon generation. It said the UK remained committed to nuclear power and recognised the Hitachi announcement was "very disappointing news" for people in north Wales. Hut is off to a flying start as a public company after the shares rocketed from a float price of 500p to as high as 658p - a spike of more than 30pc. Wylfa Newydd would have a 60-year operational life A decision is expected about whether work to build a new nuclear power station on Anglesey will be halted.Japanese media has reported that Hitachi will suspend construction of its £20bn Wylfa Newydd plant - with the board due to meet on Thursday.Wales' Economy Secretary Ken Skates said he expected an … CEO – Duncan Hawthorne, joined in 2016; Established in 2009 as a joint venture between E.ON and RWE, npower acquired by Hitachi in 2012. NuGeneration and Horizon Nuclear Power expect the strike price they agree with the UK government for their respective new build projects will be lower than the one agreed for EDF Energy's Hinkley Point C plant. What's Wylfa - and why is it so important? The company was established in 2009 as an E.ON UK and RWE npower joint venture. For more info SHARE ANALYSIS: PEN. Japanese firm Hitachi .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid #BABABA;-webkit-text-decoration:none;text-decoration:none;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{border-bottom-color:currentcolor;border-bottom-width:2px;color:#B80000;}@supports (text-underline-offset:0.25em){.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{border-bottom:none;-webkit-text-decoration:underline #BABABA;text-decoration:underline #BABABA;-webkit-text-decoration-thickness:1px;text-decoration-thickness:1px;-webkit-text-decoration-skip-ink:none;text-decoration-skip-ink:none;text-underline-offset:0.25em;}.css-yidnqd-InlineLink:link:hover,.css-yidnqd-InlineLink:visited:hover,.css-yidnqd-InlineLink:link:focus,.css-yidnqd-InlineLink:visited:focus{-webkit-text-decoration-color:currentcolor;text-decoration-color:currentcolor;-webkit-text-decoration-thickness:2px;text-decoration-thickness:2px;color:#B80000;}}pulled the plug on the £20bn scheme at Wylfa on Anglesey two weeks ago. Mr Hawthorne's second letter to the energy secretary said: "Since Hitachi Ltd's announcement to cease development activities associated with the Wylfa Newydd DCO Project, Horizon has been engaged in discussions with third parties that have expressed an interest in progressing with the development of new nuclear generation at the Wylfa Newydd site. The nuclear strike price refers to the price the government will guarantee per unit of electricity produced. Agree? "In the circumstances, it is appropriate to reset the decision deadline for the application to 31 December 2020," said Mr Sharma. All content is posted anonymously by employees working at Horizon Nuclear Power. Horizon Nuclear . Share. The company announced its intention to install about 6,000 MWe of new nuclear capacities adjacent to the existing Oldbury and Wylfa nuclear power stations. But Horizon Nuclear Power said it was very confident the new power station would be delivered successfully. air con, well lit Good onsite facilities - e.g. Video, Five things you should know about Jeff Bezos. The chief executive of Horizon Nuclear wrote to the UK government's Business, Energy and Industrial Strategy Secretary Alok Sharma on 22 September and 28 September. This is the Horizon Nuclear Power company profile. Video, Five things you should know about Jeff Bezos, Julian Assange: Wikileaks founder extradition to US blocked by UK judge, Nóra Quoirin: 'Misadventure' verdict for girl found in Malaysian jungle, Covid exercise: 'I'll never go back to the gym again', Policeman buys family food instead of arresting them for shoplifting, US election: Trump tells Georgia election official to 'find' votes to overturn Biden win, Tanya Roberts, Bond girl and Charlie's Angel, dies at 65, Alarm as South Korea sees more deaths than births, Nancy Pelosi: How she rose to the top - and stayed there, Iran 'resumes enriching uranium to 20% purity at Fordo facility', Fiat Chrysler and PSA merger faces final hurdle, pulled the plug on the £20bn scheme at Wylfa, has been under consideration since June 2018.