£10Bn nuclear plan to create 20,000 construction jobs

£10Bn nuclear plan to create 20,000 construction jobs

Around 20,000 construction jobs are expected to be created during a £10Bn project to build a nuclear power station near the existing nuclear site at Sellafield in Cumbria.

 

News that Japanese owned Westinghouse had bought a stake in the NuGen nuclear new building consortium for £102 million and promises to build the first of three reactors in half the time it will take to construct the recently approved Hinkley plant comes as a major boost to the UK nuclear industry.

 

Westinghouse parent company Toshiba says it will build the first reactor in four years and it will be finished by 2024. The first reactor at EDF’s £16Bn Hinkley development is to open in 2023, despite construction being due to start in earnest next year. There will be 1000 permanent jobs at the Cumbrian plant when it is completed.

 

Westinghouse says the speed of construction will be faster because its reactor – the Westinghouse AP1000 - is a proven type, a modular design that has been used elsewhere. The Hinkley reactor type is one of the first of a new design generation so is expected to proceed more slowly.

 

Toshiba has taken a 60% stake in the NuGen project, buying out a 50% stake from Spanish energy company Iberdrola, which owns ScottishPower, and another 10% stake from French group GDF Suez which now has a 40% share of the consortium. The completed project will be capable of generating 3.4GW, 7% of the UK’s electricity needs.

 

Another Japanese company, Hitachi, has invested in the plan to build new nuclear power stations at Wylfa in Anglesey and at Oldbury in Gloucestershire, which will also use the Westinghouse AP1000 reactors.

 

Photo of Sellafield: Simon Lendingham

Please rate

Comments 

Ctrl + Enter

Most Read

We are a graduate-friendly organisation

We are a graduate-friendly organisation

We are proud to announce that we continue to be recognised as a graduate-friendly organisation and employed our third graduate. Her name is Ksenia, she holds a Bachelor degree in Media Studies. Ksenia will be assisting our marketing team in daily administrative tasks, performing market analysis and

Women in STEM: Breaking into the Boys’ Club

Women in STEM: Breaking into the Boys’ Club

STEM includes the disciplines science, technology, engineering, and mathematics. When it comes to STEM the old adage rings true, “The more things change, the more they stay the same.” Fields like tech and mechanical engineering are some of the fastest developing career fields in the

Join Industry Experts and Exhibitors at UK Construction Week 2017

Join Industry Experts and Exhibitors at UK Construction Week 2017

Staying up to date on the latest tech, trends, and safety strategies is not only helpful, it’s vital in the quickly changing landscape of today’s world. It seems like every time we turn around there are new updates and innovations. What better way to stay up to date than UK Construction

This website uses cookies to enhance your user experience. By continuing to use this site, you consent to our use of these cookies. See our Cookie Policy.