I response to developing issues at its majority shareholder, Toshiba (see earlier Nuclear Matters article), NuGen issued a statement acknowledging that Toshiba has completed its review into the future of its nuclear power business outside Japan but that despite this Toshiba remains committed to developing NuGen’s Moorside Project. NuGen have stated that it will continue to progress plans for the 3.8GW new nuclear power station.
Responding to Toshiba’s announcements NuGen Chief Executive, 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.”