The future of a new Cumbrian power plant is in doubt, after one of the key players admitted it is reviewing its involvement. A spokesman for Toshiba – which holds a 60 per cent stake in Moorside developer NuGen, alongside ENGIE of France – said it is re-examining all of its nuclear projects outside Japan. This includes the proposed nuclear new build at Moorside, near Sellafield. Last month Toshiba announced its US subsidiary, Westinghouse Electric, may have overpaid – by several billion dollars – for another nuclear construction and services business. Following this, its shares fell dramatically. Toshiba confirmed yesterday it is now reviewing its involvement in all other overseas projects as a way of dealing with this situation. It also plans to sell its semiconductor business.
Whitehaven News 31st Jan 2017 read more »
Carlisle News & Star 31st Jan 2017 read more »
Labour’s deputy leader has backed its Copeland by-election candidate’s “100 per cent commitment to the nuclear industry”. Tom Watson visited West Cumbria today to join Gillian Troughton’s campaign trail, pledging to back the industry and tackle “government raids on workers’ pensions”. The duo visited the Atkins Global office at Westlakes Science Park, meeting those in the Sellafield supply chain, in addition to union officials from the site itself.
Whitehaven News 30th Jan 2017 read more »