Office for Nuclear Regulation sanctions new nuclear reactor design

Date: 2017-12-15   Author: Pankaj Singh  Category: #news

Office for Nuclear Regulation sanctions new nuclear reactor design

The Office for Nuclear Regulation has taken a major step toward building a nuclear power station in Wales by approving Hitachi’s reactor design for Horizon Nuclear Power’s plant at Wylfa. For the record, the design of advanced boiling water reactors has been under inspection since 2012.

Reports cite that Horizon Nuclear Power is looking forward to building another nuclear power plant at Oldbury in Gloucestershire after the successful deployment of the new power station at Wylfa, where it will install the recently approved advanced boiling water reactor design of Hitachi. The chief executive of Horizon Nuclear Power, Duncan Hawthorne stated that this was one of the biggest milestones that has been achieved in recent times, and would provide them a major opportunity to move forward toward building more nuclear power plants in UK.

As per reliable sources, Hitachi has been looking for sufficient financial support, which in the event it fails to obtain by the middle of 2018, it would stop funding plants, as it has already invested GBP 2 billion on this current project.

The chief nuclear inspector of the Office for Nuclear Regulation, Mark Foy has further added that the approval for the generic design of advanced boiling water reactors was one of the important steps undertaken by the Nuclear Regulation to construct those types of reactors across UK. He also added that the new reactor design has fulfilled the country’s all safety standards.

The initiatives taken by the UK government are likely to curb carbon emissions with the development of clean and reliable power from several nuclear power plants including Oldbury and Wylfa. Apart from the Welsh plant of capacity 2.7 GW, another UK based energy company, EDF has also been constructing a nuclear power station of 3.2 GW capacity at Hinkley Point in Somerset.

Reportedly, the decreasing energy cost of offshore wind power has generated fierce competition in the energy sector, prompting governments to build new nuclear power stations across UK over the years ahead.



About Author


Pankaj Singh linkdin-boxtwitter

Pankaj Singh

Pankaj Singh Develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

Post Recommendents

Global Automotive Lighting Actuator Market: Rising Impressive Business Opportunities Analysis Forecast By 2027

Author: Ashwin Naphade

This report provides a strategic analysis of the Global Automotive Lighting Actuator market and the growth estimates for the forecast period. This report also provides market sizing and forecasts for the Global Automotive Lighting Actuator market....


Global Crankshaft Timing Gear Market: Industry Development Scenario and Forecast to 2027

Author: Ashwin Naphade

Market Study Report adds new report on Global Crankshaft Timing Gear Market Research, which contains company information, geographical data and market analysis about this industry for all stakeholders involved in or wanting to get into this market...


Global Camshaft Timing Gear Market Offered in New Research Forecast through 2027

Author: Ashwin Naphade

The Global Camshaft Timing Gear Market 2027 Market Research Report is a professional and in-depth study on the current state of the Camshaft Timing Gear . Development policies and plans are discussed as well as manufacturing processes and cost str...