RWE/E.ON and EDF win UK nuclear auction

French utility EDF won the auction to buy land to construct a new nuclear site at Bradwell in Essex, while a consortium made up of RWE and E.ON secured sites at Wylfa in Angelsey and Oldbury in Gloucestershire.

Spanish energy firm Iberdrola confirmed yesterday that its consortium with French utility GDF Suez and Scottish and Southern Energy had pulled out of the bidding for the three sites after auction prices soared.

"Due to technical, economic and financial reasons, the companies today decided n