E.ON and RWE scrap UK nuclear power plans
The companies had been working on proposals for £15bn of new nuclear power stations at Wylfa on the Isle of Anglesey and at Oldbury-on-Severn in Gloucestershire, through their joint venture, Horizon Nuclear Power, established in 2009. This morning they announced that the financial difficulties facing both their parent companies meant they would not proceed with the developments and would seek a new owner for Horizon.