industry electricity generation founded 2009 headquarters gloucester uk key people duncan hawthorne ceo products electrical power website horizonnuclearpower.com horizon nuclear power is a british energy company that is expected to build new nuclear power stations in the united kingdom . it was established in 2009 with its head office in gloucester and is now owned by hitachi . contents 1 early history 2 hitachi ownership 3 see also 4 references 5 external links early history edit the company was established in 2009 as an e.on uk and rwe npower joint venture . the company announced its intention to install about 6 000 mwe of new nuclear capacities adjacent to the existing wylfa and oldbury nuclear power stations . 1 2 horizon initially evaluated building either areva 1 650 mwe epr reactors or westinghouse 1 100 mwe ap1000 reactors between 2020 and 2024 . 3 4 in march 2012 e.on and rwe npower placed horizon up for sale as a going concern . 5 6 7 one bidder was a joint venture of china guangdong nuclear power group and the china national nuclear corporation . 8 however on 29 october 2012 it was announced that hitachi would buy horizon for 696 million 9 and the sale was completed on 26 november 2012 . 10 hitachi ownership edit hitachi intends to build two to three 1 350 mwe advanced boiling water reactors abwr on each site but will first require a generic design assessment for the abwr by the office for nuclear regulation which is likely to take from two to four years . 11 12 13 the assessment began in april 2013 with an agreement that the costs of assessment will be covered by hitachi ge . 14 in august 2014 the proposed reactor type reached the third stage out of four in the gda process . 15 this processes should be fully completed in 2018 . horizon planned initial site work at wylfa to begin in 2015 with building work starting in 2018 and generation starting in the mid 2020s . 16 in january 2016 hitachi announced a new uk company hitachi nuclear energy europe to lead a proposed joint venture with bechtel and jgc corporation to cover the engineering procurement and construction of horizon s nuclear plants in the uk . horizon nuclear power will continue to work on obtaining regulatory consents and making commercial arrangements . 17 however later in the month hiroaki nakanishi chairman and chief executive of hitachi expressed serious concerns to foreign secretary philip hammond over financing the development following edf s difficulty in financing its hinkley point c nuclear power station development . hitachi is currently negotiating with the department of energy and climate change decc on electricity price guarantees called contracts for difference cfd . 18 the first project at wylfa will be financed externally with hitachi only taking a minority stake . 19 in may 2016 duncan hawthorne previously ceo of bruce power in canada was appointed ceo of horizon . 20 see also edit energy portal economics of new nuclear power plants references edit faqs oldbury . horizon nuclear power . retrieved 11 november 2010 . faqs wylfa . horizon nuclear power . retrieved 11 november 2010 . murray james 30 april 2009 . rwe e.on and edf win nuclear auction . businessgreen . retrieved 11 november 2010 . pfeifer sylvia ; blair david 12 august 2011 . doubts raised over uk energy investments . financial times . retrieved 28 september 2011 . rwe and e.on halt uk nuclear plans at wylfa and oldbury . bbc news . 29 march 2012 . retrieved 29 march 2012 . peston robert 29 march 2012 . is the uk s nuclear future in jeopardy . bbc news . retrieved 29 march 2012 . gosden emily 21 june 2012 . chinese companies bid to build new uk nuclear power plants . daily telegraph . retrieved 19 june 2012 . li xiang 3 november 2012 . nuke companies pursue future power abroad . china daily . retrieved 2 october 2013 . e.on and rwe 30 october 2012 . rwe and e.on announce sale of horizon nuclear power to hitachi ltd pdf press release . wylfa b hitachi takes over horizon nuclear project . bbc . 26 november 2012 . retrieved 8 december 2012 . chazan guy ; pickard jim 29 october 2012 . hitachi agrees uk nuclear purchase . financial times . retrieved 30 october 2012 . hitachi buys uk nuclear project from e.on and rwe . bbc news . 30 october 2012 . retrieved 30 october 2012 . abwr set for uk design assessment . nuclear engineering international . 16 january 2013 . retrieved 26 january 2013 . uk starts abwr design assessment . world nuclear news . 10 april 2013 . retrieved 22 april 2013 . hitachi ge uk abwr progresses to gda step 3 . office for nuclear regulation . 28 august 2014 . retrieved 8 april 2015 . chris dearden 21 october 2013 . wylfa b nuclear power station housing concerns for workers . bbc . retrieved 22 october 2013 . hitachi enhances uk presence ahead of abwr deployment . world nuclear news . 19 january 2016 . retrieved 31 january 2016 . szu ping chan 30 january 2016 . hinkley point nuclear fiasco spooks hitachi boss . daily telegraph . retrieved 31 january 2016 . emily gosden 14 february 2016 . uk new nuclear plan will fail without private investors says horizon chief . daily telegraph . retrieved 17 september 2016 . horizon ceo outlines fresh challenge for nuclear . world nuclear news . 29 june 2016 . retrieved 5 july 2016 . external links edit horizon nuclear power links to related articles v t e nuclear power in the united kingdom energy in the united kingdom nuclear power companies current edf energy magnox ltd rolls royce sellafield ltd sheffield forgemasters urenco new build operators horizon nuclear power nnb generation company nugeneration defunct british energy british nuclear fuels british nuclear group magnox electric nuclear electric scottish nuclear organisations civil nuclear constabulary national nuclear laboratory nuclear decommissioning authority nuclear industry association nuclear institute nuclear liabilities fund office for nuclear regulation united kingdom atomic energy authority reactors agr dungeness b hartlepool heysham 1 heysham 2 hinkley point b hunterston b torness fbr closed dounreay magnox closed berkeley bradwell calder hall chapelcross dungeness a hinkley point a hunterston a oldbury sizewell a trawsfynydd wylfa pwr active sizewell b planned hinkley point c moorside non reactor sites capenhurst uranium enrichment sellafield thermal oxide reprocessing plant windscale fire springfields fuel manufacture winfrith research and development anti nuclear cumbrians opposed to a radioactive environment energy fair stop hinkley other franco british nuclear forum nuclear or not nuclear power and the environment nuclear power in scotland sustainable development commission tier 1 uk nuclear site management & licensing category v t e hitachi divisions and subsidiaries current clarion hitachi cable hitachi cable manchester hitachi canadian industries hitachi capital hitachi construction machinery hitachi construction machinery europe hitachi consulting hitachi data systems bluearc hitachi electronics hitachi maxell hitachi medical systems hitachi rail horizon nuclear power jecs former euclid trucks1 fabrik1 hitachi global storage technologies2 joint ventures and shareholdings agility trains 40 % alaxala networks 60 % ge hitachi nuclear energy 40 % hitachi lg data storage japan display 10 % nec casio mobile communications 9.26 % nippon columbia 18.21 % renesas electronics 30.62 % telcon construction solutions 60 % products services and standards current alis d vhs emiew hitachi adaptable modular storage 2000 hitachi dx07 hitachi starboard locomotives hitachi magic wand multiple units hitachi 917 hitachi sr8000 hitachi travelstar hitachi truecopy ls r m8 stacked volumetric optical disk superh universal storage platform defunct h8 family hd64180 hitac hitac s 810 hitachi 6309 hitachi deskstar hitachi flora prius hitachi g1000 hitachi hatsukaze hitachi sr2201 hitachi t. 2 hitachi tr .1 m6 microdrive people namihei odaira kenichi ohmae hiroaki nakanishi takashi kawamura places hitachi kashiwa soccer stadium hitachi ibaraki hitachi tower ts tenkaku other dkb group hdmi licensing hitachi 3tours championship hitachi data systems history the hitachi foundation hindu hitachi scholarships hitachi sunrockers hitachi rivale kashiwa reysol 1now integrated into other hitachi divisions or business groupings 2sold category commons v t e rwe divisions and subsidiaries current amprion elektriciteits produktiemaatschappij zuid nederland essent rwe npower rwe power ag rwe supply & trading cz former american water1 rwe dea thames water1 joint ventures and shareholdings current deutsche gesellschaft zum bau und betrieb von endlagern f r abfallstoffe gesellschaft f r nuklear service 28 % gundremmingen nuclear power plant 75 % innogy 75 % nabucco gas pipeline international gmbh 16.67 % rostock power station 24.6 % urenco group former horizon nuclear power1 places and facilities germany biblis nuclear power plant innogy nordsee 1 garzweiler surface mine gundremmingen nuclear power plant hambach surface mine lingen nuclear power plant mittelplate m lheim k rlich nuclear power plant neurath power station niederaussem power station nordsee ost offshore wind farm rostock power station rwe tower united kingdom aberthaw power stations atlantic array didcot power stations great yarmouth power station greater gabbard wind farm gwynt y m r little barford power station littlebrook power station north hoyle offshore wind farm pembroke power station rhyl flats staythorpe power station tilbury power stations triton knoll proposed wind farm other amercentrale gazela pipeline gj a oilfield nabucco pipeline nakhichevan field people fritz vahrenholt other advanced plant management system 1sold 2decommissioned category commons v t e e.on divisions and subsidiaries e.on energy trading e.on it e.on kernkraft e.on sverige e.on uk joint ventures and shareholdings current bkw fmb energie 20.99 % deutsche offshore testfeld und infrastruktur uranit 50 % places and facilities germany power stations alpha ventus offshore wind farm2 other elbe crossing 1 elbe crossing 2 gkk etzenricht3 united kingdom blood hill wind farm great eppleton wind farm holmside hall wind farm humber gateway wind farm london array 30 % rampion wind farm robin rigg wind farm scroby sands wind farm triton knoll4 other baltic cable eol s cele wind farm predecessors preussenelektra veba viag 1sold 2owned by deutsche offshore testfeld und infrastruktur 4proposed category commons v t e energy in the united kingdom companies coal anglo american asia energy bhp billiton enrc glencore rio tinto uk coal oil and gas integrated bg group bp royal dutch shell exploration and production afren bhp billiton cairn energy centrica dana petroleum desire petroleum emerald energy enquest essar energy falkland oil and gas hardy oil and gas jkx oil & gas melrose resources ophir energy perenco premier oil regal petroleum rockhopper exploration soco international star energy tullow oil supply greenergy murco petroleum support abbot group amec ensco expro hunting petrofac qserv score group weir group westerngeco1 wood group utilities generation and supply integrated centrica edf energy1 e.on uk1 rwe npower1 scottish power1 sse generation drax group falck renewables horizon nuclear power1 international power vattenfall united kingdom1 vedanta resources supply the co operative energy ecotricity esb international extra energy firmus energy first utility good energy green energy loco2 energy opus energy ovo energy phoenix natural gas telecom plus distribution electricity electricity north west1 northern powergrid1 sp energy networks1 sse power distribution uk power networks1 western power distribution1 gas firmus energy national grid northern gas networks phoenix natural gas sgn wales & west utilities1 transmission electricity national grid2 scottish hydro electric transmission sp energy networks1 gas national grid other aggreko apx group aquamarine power ecogen enserve geothermal engineering hi gen power mark group wavegen companies with headquarters and or registered office in the uk but no applicable energy operations within the country shown in italics 1ultimate parent company is not uk based 2integrated in the united states no generation or supply activities in the uk energy sources coal coal authority coal fired power stations coal mines coal mining regions confederation of uk coal producers greenhouse gas emissions history miners strike national coal board open pit coal mining electricity association of electricity producers britned east west interconnector energy switching services economy 7 economy 10 electricity billing green electricity grid