Thursday
May042017
Westinghouse fallout: now UK Toshiba nuclear project on hold
A plan to build a nuclear power station in Cumbria has been put on hold while the company behind it carries out a strategic review, reports the BBC.
NuGen, which is overseeing the planned Moorside plant, was initially co-owned by French firm Engie and Toshiba. Three AP 1000 reactors were planned for the site.
Last month the Japanese technology giant announced it was taking 100% control and that has led to NuGen announcing the pause.
The £10m scheme, near Sellafield, has been dogged by uncertainty as it was rumoured Toshiba would withdraw from all nuclear operations outside Japan due to multibillion-dollar losses. More