Oldbury nuclear power plans frozen
PLANS to build a new nuclear power station near Thornbury have been put on hold.
Horizon Nuclear Power has suspended its entire UK development programme, which would have seen a new plant with two reactors built at Shepperdine, near Oldbury-on-Severn.
The new power station was expected to cost around £14 billion and provide enough electricity to power more than five million homes.
It was also predicted to create a maximum of 9,000 jobs during construction and 850 permanent positions once operational.
The future employment of almost 400 people currently working for Horizon, most of them in Gloucester, is now in doubt.
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