South Korean firm ‘to invest in nuclear plant in UK’

A South Korean energy firm is supposedly interested in a nuclear project in the UK. Korea Electric Power Corporation is planning to join the NuGen corporation, a consortium between Toshiba and Engie, […]

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By Jacqueline Echevarria

A South Korean energy firm is supposedly interested in a nuclear project in the UK.

Korea Electric Power Corporation is planning to join the NuGen corporation, a consortium between Toshiba and Engie, according to reports.

It aims to build and operate a £10 billion new nuclear plant called Moorside Power Station, with an expected capacity of up to 3.8GW in West Cumbria, North West England.

The news follows the government’s unexpected decision to delay the approval of Hinkley Point over the summer. The final decision on Hinkley is expected late this month.

ELN has contacted NuGen for a comment.