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14th February 2017
NuGen acknowledges the announcement that Toshiba’s review into the future of its nuclear power business outside Japan is complete and that it remains committed to developing NuGen’s Moorside Project.
Moorside is at the core of the UK’s plans for providing safe, sustainable low-carbon electricity for generations to come and will be a transformational opportunity for West Cumbria.
NuGen CEO, Tom Samson, said: “The project has made significant progress since Toshiba took over as major shareholder in 2014. The site has already been proven as suitable for three Westinghouse AP1000® reactors, two phases of consultation have found the public overwhelmingly supportive of the need for new nuclear and have helped shape the plans for Moorside.
“The UK Government is supportive of NuGen, as a maturing and highly skilled nuclear organisation, and has remained firmly committed to new nuclear – stating that nuclear has a crucial role to play in securing our future energy needs, especially as we look to move to a low carbon society.”
NuGen will continue to progress plans to develop Europe’s largest new nuclear power station, capable of generating up to 3.8GW of low-carbon electricity – equivalent to seven per cent of the UK’s electricity requirements.