British firms eye up nuclear manufacturing
UK companies are set to receive most of the contracts for the new £16bn Hinkley Point nuclear power station, including some work on the most complex equipment.
A total of 57 per cent of the value of the project is due to go to British companies, assuming they can put together suitable proposals, including Costain for the marine elements of the project and Laing O’Rourke, which together with the French firm Bouygues TP will lead civil construction.
Rolls Royce already supplies instrumentation and control systems for nuclear plants in 20 countries around the world, and produces reactors for the UK’s nuclear submarine fleet.
At least one third of the value of work on the two 1,750MW steam turbine systems will also be awarded to UK companies, according to primary contractor Alstom, which said the main opportunities will be in the supporting systems include piping and instrumentation and
Hitachi has promised that 60 per cent of investment in the Horizon new nuclear plants in Wylfa and Oldbury will go to UK firms and has signed agreements with Rolls Royce and Babcock to look at developing and providing UK capability.