The Korea Electric Power Company (Kepco) is said to be investigating becoming part of NuGen, which has plans for a new power plant at Moorside, near Sellafield. It is also rumoured to be a potential buyer for Westinghouse Electric, the troubled nuclear division of Toshiba. The Japanese giant has a 60 per cent stake in NuGen and if the plant goes ahead, would supply its three reactors. These claims have appeared in the Financial Times where Han Chul-hee, of the Korean energy ministry’s nuclear export promotion division, was quoted as saying: “We’re interested in joining the (NuGen) consortium. “Now, (NuGen) want us to be involved in (NuGen) to a greater extent. We are looking at how profitable the project will be and how much investment we should make.” Mr Han was also quoted as saying that the company would review any offer made by Toshiba over Westinghouse.
Carlisle News and Star 7th March 2017 read more »
A farmer has been left “devastated” after being ordered to close her business to make way for a new nuclear power station. Elizabeth Fearon, whose family has farmed at Greenmoorside, in the hamlet of Sellafield, for 30 years, has been given a year by nuclear chiefs to wrap-up her business so the three-reactor Moorside plant can be built on the land. Leaseholder Mrs Fearon was given the “bombshell” news by landowners NuGen, the firm behind the Moorside plans. The 250 cows she keeps on the holding – 150 milk cows and 100 young stock – must now be sold. Mrs Fearon, who lives at Gosforth, said: “It is absolutely devastating.
Carlisle News and Star 6th March 2017 read more »