Know Your Business Podcasts Tom Samson offers fresh hope for Moorside

Podcast

Tom Samson offers fresh hope for Moorside

Posted 11 October 2018
Tom Samson podcast 1

About

The man driving plans for a nuclear power station in West Cumbria explains his strategy to save the project.

NuGen’s £15bn plan for a nuclear power station at Moorside, next to Sellafield, would be the biggest private-sector investment Cumbria has ever seen.

But the project is in trouble. NuGen’s owner Toshiba wants out while the Korean company that had been poised to replace Toshiba is having second thoughts. Currently, NuGen is shedding two-thirds of its workforce.

In this podcast, NuGen’s Chief Executive Tom Samson sets out his strategy to save the Moorside project against a tight deadline.

He explains why Kepco of Korea might still invest and why the Government’s proposed ‘regulated asset base’ funding model – which has been blamed for deterring Kepco – could yet be Moorside’s salvation.

He makes a compelling case for a rolling programme of nuclear new build and sets out the lasting benefits that Moorside would deliver for Cumbria.

More Podcasts

In this episode, Laura Wellington from Inspira joins us to discuss Connect to Work — a new programme helping people across Cumbria overcome barriers to employment and connect with meaningful, sustainable careers. We explore how the initiative supports both individuals and employers, why inclusive…

Big changes are on the way with new recycling legislation, and getting it wrong could cost your business more than you think. We’re joined by Cumbria Waste Group to break down what “Simpler Recycling” really means, what’s changing, and why now is the time to act. But it’s not just about staying…

Big changes are on the way with new recycling legislation, and getting it wrong could cost your business more than you think. We’re joined by Cumbria Waste Group to break down what “Simpler Recycling” really means, what’s changing, and why now is the time to act. But it’s not just about staying…