UK nuclear plans suffer major blow with Toshiba wind down of NuGen

Madeleine Cuff
clock • 4 min read

Decision to axe nuclear business deals a potentially fatal blow to plans for a new large-scale nuclear plant in Cumbria

Toshiba has today announced it is to pull out of plans for a new nuclear power plant in Cumbria and wind down its UK nuclear business NuGen, in a move that deals a major blow to the government's low carbon...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Nuclear

Rolls-Royce SMR opens bidding for £1.4bn worth of supplier contracts

Rolls-Royce SMR opens bidding for £1.4bn worth of supplier contracts

Supplier programme to support Rolls-Royce SMR and GBE-N efforts to ensure more than than 70 per cent of the content for landmark Gwyndod project is sourced from the UK

Stuart Stone
clock 18 September 2026 • 4 min read
Google plots €13bn investment in AI, nuclear, and renewables

Google plots €13bn investment in AI, nuclear, and renewables

US tech giant to build three new data centres in Finland, backed by a 22-year nuclear power deal and support for onshore wind and battery storage

Michael Holder
clock 10 September 2026 • 4 min read
Survey: More than half of Brits back 'new nuclear' drive

Survey: More than half of Brits back 'new nuclear' drive

Majority of public see nuclear as key generator of jobs, investment, and reliable power, YouGov polling finds

Stuart Stone
clock 03 August 2026 • 3 min read