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Westinghouse Nuclear Design Endorsed By Two US NRC Members

By Ryan Tracy OF DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Toshiba Corp's (TOSYY) Westinghouse Electric Co. earned two key votes of confidence Friday on the nuclear reactor design slated to be used at two new U.S. plants. Two of the five members of the U.S. Nuclear Regulatory Commission, including the chairman, voted to approve the AP-1000 reactor design Friday. Southern Co. (SO) and Scana Corp. (SCG) have contracts to use the reactors at sites they are building in Georgia and South Carolina and both need approval of the design before they can secure licenses to operate the plants. A spokesman for Westinghouse called the votes "encouraging" and expressed confidence that the other three commissioners would approve it as well. Representatives of Southern and Scana didn't immediately return requests for comment. -By Ryan Tracy, Dow Jones Newswires; 202-862-9245; ryan.tracy@dowjones.com

Stock News for Southern (SO)
DateTimeHeadline
03/23/201507:26:28Utilities And Interest Rates
03/21/201512:00:021 Chart That Defines Our Energy Future
03/20/201517:22:23Proxy Statement - Notice of Shareholders Meeting (preliminary...
03/19/201515:15:00Georgia Power illuminates savings on ENERGY STAR® certified...
03/18/201518:45:21Electric Utility Southern Company Is Oversold
03/17/201518:37:13Own utilities despite rising rate environment, two analysts say
03/17/201514:00:00Southern Company CEO receives national award for leading nuclear...
03/17/201508:59:43Statement of Changes in Beneficial Ownership (4)
03/16/201512:22:00Upgrades to Plant Hatch Unit 2 enhance the production of low-cost...
03/16/201508:37:19Time To Nibble On Southern Company
03/15/201518:10:25Dividend Contenders: 26 Increases Expected In The Next 11 Weeks
03/03/201511:44:13Statement of Changes in Beneficial Ownership (4)
03/03/201511:43:38Statement of Changes in Beneficial Ownership (4)
03/03/201511:43:11Statement of Changes in Beneficial Ownership (4)
03/03/201511:42:47Statement of Changes in Beneficial Ownership (4)
03/03/201511:42:20Statement of Changes in Beneficial Ownership (4)
03/03/201511:41:32Statement of Changes in Beneficial Ownership (4)
03/03/201511:41:00Statement of Changes in Beneficial Ownership (4)
03/03/201511:40:13Statement of Changes in Beneficial Ownership (4)
03/03/201511:39:43Statement of Changes in Beneficial Ownership (4)

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