Welcome decision: Hitachi to buy the Horizon Nuclear Project

Published on Tuesday, 30 October 2012 11:36
Posted by Vicki Mitchem

Caroline Flint MP, Labour's Shadow Energy and Climate Change Secretary, commenting on the announcement that Hitachi is to buy the UK's nuclear project Horizon, said:

"Nuclear power has a vital role to play as part of a more sustainable, balanced and low-carbon future energy mix, to make us less reliant on volatile fossil fuel prices, increase our energy security, and keep prices down for families.

"Hitachi's decision to buy the Horizon Nuclear Project is welcome news for Britain's nuclear industry and underscores the importance that the Government's electricity market reform should deliver a framework that will provide certainty and confidence for other potential investors. Ministers must ensure that Hitachi's decision to invest in the UK is used as an opportunity to encourage investment in nuclear research and design in the UK and to commit to supporting the UK domestic supply chain to ensure as many opportunities as possible are available to UK based businesses."

Source: ©Labour

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