French energy firm GDF Suez, Spanish utility Iberdrola and Scottish and Southern Energy have formalised plans to team up and develop a new nuclear power station in Cumbria.
The NuGen joint venture aims to build a 3.6GW nuclear power station on the West Cumbrian site next to Sellafield. It bought the site from the Nuclear Decommissioning Authority in October 2009 for £70M.
The group is the third consortium to confirm plans to develop new nuclear power stations in the UK. EdF is working up plans for stations at Hinkley Point and Sizewell and the Horizon joint venture between German utilities firm RWE and Eon owns sites at Wylfa and Oldbury.
The government confirmed the West Cumbrian site was suitable to develop in October in the Department for Energy and Climate Change’s National Draft Policy Statement (NCE 21 October).
The consortium will now prepare detailed plans for the site with a final investment decision being taken in 2015. If plans are taken forward the group anticipates commissioning the new power station in 2023.
NuGen’s management team will be headed by chief operating director Olivier Carret from GDF Suez and chief nuclear director Alfio Vidal. Vidal was previously head of safety for Iberdrola’s Spanish nuclear fleet.