Find new source of nu­clear tech for power site in­stead of China, UK urged

The Daily Telegraph - Business - - Business -

◆ Bri­tain must find a “re­li­able source of sup­ply” for its nu­clear tech­nol­ogy amid re­ports the White House has threat­ened to halt Chi­nese in­vest­ment in a Welsh power plant, ac­cord­ing to a former ad­viser to Theresa May, writes Matthew Field.

Wash­ing­ton has placed China Gen­eral Nu­clear on a black­list that al­leges it is linked to the Chi­nese mil­i­tary.

The US is now putting pres­sure on Hi­tachi, the Ja­panese firm build­ing the Hori­zon Nu­clear project in An­gle­sey, not to sell the busi­ness to China.

Neil O’Brien, a found­ing MP of the China Re­search Group, said the black­list­ing “cre­ated huge le­gal un­cer­tainty” for firms work­ing with the Chi­nese nu­clear group.

He said a so­lu­tion would be in­vest­ing in sov­er­eign nu­clear tech­nol­ogy, or turn­ing to closer al­lies. One project is a plan to build mo­du­lar nu­clear re­ac­tors, led by a con­sor­tium backed by Roll­sRoyce, which is plan­ning to build up to 16 mini re­ac­tors, with the first com­ing on­line by 2029. It has been seek­ing £500m of fund­ing.

Mr O’Brien said: “It raises fur­ther ques­tions about whether, if we want to com­mis­sion new nu­clear power, we should gen­er­ate do­mes­tic mo­du­lar nu­clear tech­nol­ogy.”

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