Key figures in Cumbria and the national nuclear industry have been responding positively to the news that the Moorside power plant in Cumbria has a preferred bidder. Korea Electric Power Corporation (Kepco) emerged from what it described as a “fierce international competition” to win the status for NuGen, the consortium behind a new £15bn nuclear power plant that, once complete, would generate seven per cent of the UK’s energy needs. Speaking exclusively to in-Cumbria earlier this week, NuGen chief executive Tom Samson, described the award made by current NuGen shareholder Toshiba, as a “key milestone” to cementing Cumbria’s status as a world leader in nuclear. While there are several steps to go, including agreement between Toshiba, Kepco, the UK and Korean governments, Kepco said it was confident a deal would be finalised early next year.
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