Nuclear
We believe that nuclear power has the potential to make an important contribution to meeting the challenges of affordability and security of energy supply for the UK while also tackling the global threat of climate change.
This is why we are playing a leading role in developing the next generation of new nuclear power stations in the UK alongside our ongoing investment in renewables, decentralised energy, cleaner fossil, gas storage and energy efficiency.
E.ON and RWE
We have formed a joint venture with RWE npower called Horizon Nuclear Power to develop new nuclear power stations in the UK. Our current aim is for Horizon to be operating its first new power station in the UK by around 2020.
E.ON and RWE already jointly own three nuclear power stations in Germany and have stakes in 17 others around the world. Developing new nuclear plants together will allow Horizon to draw from the extensive expertise and support needed to deliver up to 6GW of new UK generation capacity.
Nuclear development in the UK
The previous Government announced in 2008 that it is in "the public interest to allow energy companies the option of investing in new nuclear power stations and that we should therefore take the active steps necessary to facilitate that." The Coalition Government has committed to continuing the work started by the previous Government. We have welcomed this approach and, through Horizon Nuclear Power, we are continuing to play a leading role in developing new nuclear power in the UK.
