|Headquarters||West Cumbria, UK|
NuGen was established in February 2009 as a joint venture between GDF Suez, Iberdrola and Scottish and Southern Energy (SSE). The initial holdings in NuGen were GDF Suez and Iberdrola each with 37.5% and SSE with 25%.
The company announced plans to build a new nuclear power station of up to 3.6GW capacity adjacent to the Sellafield complex in North West England. In October 2009, it purchased an option to acquire land around Sellafield from the Nuclear Decommissioning Authority for £70m. The company will make a final investment decision in 2015 with a view to starting production in 2023. NuGen is evaluating building either two Areva 1,650 MWe EPR or three Westinghouse 1,100 MWe AP1000 reactors.
In September 2011, SSE announced that it was leaving the consortium, with GDF Suez and Iberdrola buying SSE out to increase their stakes to 50% each.
- Economics of new nuclear power plants
- Nuclear power in the United Kingdom
- Energy use and conservation in the United Kingdom
- "The cautious strategy of the third UK new-build consortium". Nuclear Engineering International.
- "FAQ - Which reactor design does NuGen favour?". NuGeneration. Retrieved 3 July 2013.
- "Scottish and Southern Energy ends nuclear power plan". BBC.