Setting sites

An E.ON and RWE joint venture has been confirmed as the successful bidder in the Nuclear Decommissioning Authority's (NDA) auction for nuclear land at Oldbury power station.

E.ON already owns some land near to the NDA site and, last month, nominated Oldbury into the government's Strategic Siting Assessment (SSA), which aims to identify locations that could be suitable for new nuclear power stations.

Colin Scoins, director of development at E.ON, said: 'We have already started talking to local people about our interest in developing a new nuclear plant at Oldbury and are looking forward to building on those discussions now we've reached this crucial milestone.'

E.ON and RWE formed their joint venture earlier this year to secure sites for new nuclear development in the UK. Between them, the companies have 20 nuclear power stations around the world, including three nuclear plants that are jointly owned by the two companies in Germany.