£15 billion nuclear power investment

Horizon Nuclear Power, a joint venture between RWE and E.ON operating out of new headquarters in Gloucester, says it will develop enough stations to generate 6,000 MW of nuclear power by 2025.

The company has already secured development land at Wyla, on Anglesey, and Oldbury-on-Severn in Glocestershire, and estimates that as much as £15 billion could be poured into the project - creating as many as 800 permanent positions and 10,000 construction jobs along the way.

Nuclear energy will form a key part of Britain’s low carbon future and Horizon Nuclear Power will play a key role in delivering new nuclear stations

Alan Raymant

Chief Operating Officer

Chief Operating Officer Alan Raymant said: “Nuclear energy will form a key part of Britain’s low carbon future and Horizon Nuclear Power will play a key role in delivering new nuclear stations, helping achieve the UK’s stretching environmental targets and stabilise energy prices.”

“We’ve met a lot of local people and groups around our sites at Oldbury and Wylfa and we’ll maintain an open, no-surprises approach.

“Technical investigations are progressing well and we’ll shortly be engaging further with local organisations and the public on the detailed studies required to prepare consent applications.”

E.ON and RWE have interests in 23 nuclear reactors in Germany and Sweden, including two jointly owned reactors at Gundremmingen and one at Lingen.

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