Horizon Nuclear Power was established to help meet the UK's need for new, secure low carbon power. It is developing two new nuclear power stations, Wylfa Newydd on Anglesey and Oldbury in South Gloucestershire. Wylfa Newydd will employ up to 5,400 people during construction and 850 long-term operating jobs, bringing substantial economic benefits. Horizon has made progress through the Generic Design Assessment process and is working towards gaining consents and permits to enable a final investment decision in early 2019 and start of generation in the late 2020s.

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@HorizonNuclear
Introduction to Wylfa Newydd
Rhodri Owen
28 February 2017

2. @HorizonNuclear
Corporate overview
• Established in 2009 and acquired by
Hitachi in November 2012
• Established to help meet the need for new,
secure low carbon power
• Making steady progress past milestones
for lead project
• Will deploy tried and tested Hitachi-GE
ABWRs which have been built to time and
budget in Japan
• c.£20billion investment in the UK - up to
60% of project value could be
spent in UK, creating opportunities for
British businesses
GLOUCESTER HQ
WYLFA NEWYDD
OLDBURY

3. @HorizonNuclear
Project in numbers

4. @HorizonNuclear
Long-term business model
WYLFA NEWYDD
OLDBURY
PROJECT 3
PROJECT 4
(Hitachi Nuclear Energy Europe)

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Project structure
INVESTOR/S
SUPPLY CHAIN COMPANIES
DEVELOPER, OWNER,
OPERATOR, DECOMISSIONER
Tier 2s
INCLUDES HITACHI-GE
MANUFACTURE / CONSTRUCTION /
SERVICES
Hitachi Nuclear Energy Europe
Bechtel, JGC
Owner’s scope
Tier 2s
Future investors

6. @HorizonNuclear
Principle Workstreams
Delivering Wylfa Newydd
• Planning permissions
• Site development
• Environmental permits
• Engineering design
• Supply Chain development
• Organisational development
Creating an investible project
• Contract for Difference
• Treasury Guarantee
• Future power sales
• Additional investors
Technical
• Generic Design Assessment
• Design Authority
• Technical assurance
Preparing for generation
• Safety
• Generating capability
• Operating partners
• Training service provider
• Nuclear Site Licence

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Delivering Wylfa Newydd
• Planning permissions
• Site development
• Environmental permits
• Supply chain development
• Engineering design
• Organisational development

8. @HorizonNuclear
Socio-economic benefits
 Project will deliver benefits in employment, skills, supply
chain & improved infrastructure
 Much of the local and national support rests on delivering
these benefits
 Benefits will be seen locally, regionally and nationally – but
local benefits the most crucial
Headline Figures
 Create c.5,400 direct and indirect jobs in area around
Wylfa Newydd during construction
 Already spending c.£70m/year with UK supply chain
 Construction on it is own will boost local economy’s
average annual growth rate by a quarter
 £1bn programme of new & enhanced infrastructure on
Anglesey
 c.700 apprentices before generation begins + investment in
local training facilities
 850 long-term (60+ years) operating jobs – vast majority
will be local people
 Over £20m every year in wages alone into the local
economy throughout operating period

9. @HorizonNuclear
Forward priorities
EARLY 2019
FINAL INVESTMENT DECISION
MID 2018
ALL CONSENTS AND PERMITS
2017
END OF TECH ASSESSMENT (GDA)
2018
DEVELOPMENT CONSENT / NUCLEAR SITE LICENCE

10. @HorizonNuclear
Recent progress
• Detailed discussions on a financial support
model with UK Government and Government of
Japan
• ABWR moving through fourth and final stage of
the Generic Design Assessment
• Operations Partnership announced with Exelon
Generation
• Clearance to begin purchase of reactor
components
• Menter Newydd JV approaching second year
of preparatory work for Horizon
• Further nuclear expertise added to Horizon
Board
• Second intake of Horizon Apprentices
launched
• £1 million of funding for Coleg Menai to build
a new Engineering Centre on Anglesey

11. @HorizonNuclear
For more information

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@HorizonNuclear
Thank you