The UK nuclear company, owned by IBERDROLA and GDF SUEZ, applied for the licence as part of the process in developing its Moorside project in West Cumbria – a project which could deliver up to 3.6GW of new nuclear generation to the UK.
NuGen aims to develop its Moorside project on land it has an option to acquire from the Nuclear Decommissioning Authority.
To strengthen its development, which would see the biggest-ever private investment into the West Cumbrian area, the company is establishing itself in the region with a series of regular stakeholder and community meetings to ensure local and regional representatives are kept up-to-date.
Speaking on BBC Radio, a NuGen spokesman said the company was delighted to be granted the Generation Licence by the regulators.
“The Generation Licence is just one part of a long process in developing our plans for our Moorside project. We are naturally very happy to obtain this Licence, which marks an important step on our journey. We are looking forward to continuing to work in partnership with our local community as we take this nationally-important project forward.”