nuclear-news

British government now being urged to guarantee Moorside nuclear funding

Government urged to guarantee Moorside nuclear funding,  ITV.com, 3 Feb 17     The Government is being urged to step in and guarantee funding for a new nuclear power station after Japanese giant Toshiba said it was reviewing its investment in overseas nuclear projects.

The GMB union said ministers should take urgent action to secure the development at Moorside in Cumbria.

The future of the planned £10 billion power plant has been thrown into doubt after Toshiba said it was reviewing its overseas nuclear business.

Toshiba owns Westinghouse, the American-based nuclear developer whose AP1000 nuclear reactors are set to be used at Moorside……http://www.itv.com/news/border/2017-02-03/government-urged-to-guarantee-moorside-nuclear-funding/ 

February 4, 2017 - Posted by Christina Macpherson | business and costs, politics, UK