Hitachi Got It

Interesting. So Hitachi will be purchasing Horizon. As per a previous post it was down to one of two (or none at all) but it is a significant point that this will introduce yet another reactor type into the UK - a BWR. It is, a least, a tried and tested system. Gone are the days of 3 different AGR designs being constructed simultaneously (thank goodness).

Also interesting to note the name of Rolls-Royce cropping up here when they also have an MOU with Rosatom.

So, now it's down to Hitachi to complete the deal and get on with having their design fully tested and certified. It all means that we are unlikely to see one of these beasties in action before the early 2020s. So the risk of several years of tight capacity margins in the middle of this decade remains. Start saving your pennies now - electricity is going to become more and more expensive.