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Threat to nuclear programme as Treasury blocks reactors at Sellafield

Published at 12:01AM, October 12 2013

The Treasury is blocking an attempt by Toshiba to build three reactors at Sellafield in an inter-departmental row over money that threatens to hold back Britain’s nuclear programme.

A consortium led by the Japanese nuclear group wants to buy the Nugen project in Cumbria from its developers Iberdrola, ScottishPower’s parent company, and GDF Suez, of France.

However, the option to build the reactors will expire in October next year because so little work on the project has been completed. The Department of Energy and Climate Change wants to extend the option to allow the deal with Toshiba to go ahead…..  Subscription only

http://www.thetimes.co.uk/tto/business/industries/utilities/article3892885.ece

October 12, 2013 - Posted by | Uncategorized

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