|
contents | business | |||||||||
| Iberdrola, GDF Suez and SSE jv established The consortium of GDF Suez SA, Iberdrola SA and Scottish and Southern Energy plc (SSE), announced that their joint venture company, NuGeneration Ltd, is now fully established. NuGen aims to develop a new generation nuclear power station of up to 3.6 GW on land in West Cumbria, north-west England, for which it secured an option in October 2009. On 18 October 2010, the UK government confirmed through its draft National Policy Statement, that NuGen's site was suitable for a new nuclear power station. The consortium now intends to prepare detailed plans for developing the site, which will be submitted for consideration by the relevant planning authorities with the aim of a final investment decision being taken around 2015. These plans will be prepared in full consultation with the safety authorities and local stakeholders. On this basis, the expectation is that any new power station would be commissioned around 2023. NuGen is a strong partnership with extensive experience of operating nuclear power stations across Europe, as well as developing and operating thermal and renewable power stations in the UK. The consortium partners own and operate almost 10,000 MW of nuclear capacity across Spain, Belgium, Germany and France, and have more than 250,000 employees worldwide, with almost 40,000 employees in the UK. A new management team for NuGen has been drawn from all three of the consortium partners. This team will be headed by Alfio Vidal and Olivier Carret as the Executive Directors of NuGeneration Ltd. write your comments about the article :: © 2010 Construction News :: home page |