NuGeneration, a joint venture between Iberdrola and GDF Suez, has applied for a licence to generate electricity.
The company plans to build a nuclear power station of up to 3600 MW on land adjacent to the Sellafield nuclear site.
NuGen expects to make a final investment decision on the Moorside project in 2015, with commissioning of a new nuclear power station around 2023, it said.
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