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Firms halt nuclear plant plans

RWE npower and E.ON have announced they will not proceed with their "Horizon" project, which looked to develop new nuclear plants at Wylfa in North Wales and Oldbury-on-Severn in Gloucestershire.

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Labour: 'disappointing' decision to shelve new nuclear plants in Britain

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. RWE and E.ON’s decision to not proceed with the Horizon Nuclear Project is disappointing, and underscores the importance of the Government’s electricity market reform delivering a framework that will provide certainty and confidence for other potential investors.

– Caroline Flint MP, Labour’s Shadow Energy and Climate Change Secretary

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