Reuters reported earlier today:
Europe’s (and the world’s) oldest nuclear reactor at Britain’s Oldbury power station will close down 10 months earlier than expected in February next year after operator Magnox decided that running the 44-year-old reactor was no longer economically viable.
“After looking at different scenarios, we made the economic decision to end generation in February 2012,” said a spokeswoman for Magnox, which is owned by U.S. nuclear services company Energy Solutions.
The 225 megawatt (MW) reactor located in Gloucestershire was granted permission to run until the end of next year, while a twin reactor on the same site shut down for good at the end of June.
But before we start celebrating, Reuters also noted:
A nuclear new build joint venture between German rivals E.ON and RWE has bought the Oldbury site, as well as a site at Wylfa, as part of its plan to build around 6,000 MW in new nuclear plants in Britain by 2025.