“The Nuclear Decommissioning Authority has agreed key commercial terms with NuGen to extend a land option agreement that reaffirms the consortium’s commitment to build three reactors at Moorside,” the Department of Energy and Climate Change said, describing it as a "major milestone".
The terms of the lease extension were not disclosed by the NDA or Toshiba, but Prime Minister David Cameron said: “We can announce the huge investment being made by Toshiba and Westinghouse, over £200m, into the rebuilding of the British nuclear industry.” Sources confirmed he was referring to the lease extension.
Mr Cameron said that NuGen “could provide as many as 14,000 jobs during the construction phase and thousands of jobs ongoing as well as providing low carbon base-load electricity for Britain”.
The total cost of the nuclear plant would be in excess of £10bn. NuGen plans to use reactors made by Toshiba-owned Westinghouse at the site and has said that the first could be generating power by 2024, with the plant generating enough electricity to power 6m homes.
DECC said that more than 6,000 people would be employed during the peak construction phase.
The deal emerged as Japanese Prime Minister Shinzo Abe visited London on a state visit.
On Thursday night he also witnessed the signing of a cooperation agreement between Japan’s TEPCO, which is working to decontaminate the stricken Fukushima nuclear plant, and Sellafield Ltd.
Tony Price, managing director of Sellafield - the UK’s most toxic nuclear site - said: “There are many similar challenges that we’ll be facing on our sites over the coming years and we can share our experiences, access to our supply chains and any advancements.”
more
{ 0 comments... » Cumbrian nuclear plant edges closer with £200m land lease deal read them below or add one }
Post a Comment