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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
07/30/201512:27:00$1.8 billion in federal loans received to date for Plant Vogtle...
07/29/201514:31:11Southern Co. Profit Edges Higher, Though Revenue Slips -- Update
07/29/201509:30:03Southern Co. Profit Edges Higher, Revenue Slips
07/29/201509:09:14Southern Co. Profit Edges Higher, Though Revenue Slips
07/29/201508:43:16Current Report Filing (8-k)
07/29/201507:15:00Southern Company reports second-quarter earnings
07/28/201516:24:58Current Report Filing (8-k)
07/23/201515:41:00Be summer storm ready with Outage Alerts, free resources
07/22/201510:15:00Southern Company and partners award waterway conservation grants
07/21/201515:38:00Georgia Power receives approval for Marine Corps Logistics Base...
07/20/201514:40:00Southern Company announces quarterly dividend
07/20/201514:39:00Georgia Power offers new instant savings at The Home Depot
07/15/201516:26:00SUBASE Kings Bay 30 MW solar project moving forward
07/15/201510:12:00Alabama Power declares dividends
07/14/201514:14:45Statement of Changes in Beneficial Ownership (4)
07/13/201510:00:00Southern Company hires information technology veteran as chief...
07/10/201516:57:03Current Report Filing (8-k)
07/07/201514:00:00Southern Company second-quarter earnings to be released July...
07/07/201509:00:00Southern Company CEO announces key hire for Energy Innovation...
07/02/201515:36:00Georgia Power highlights July 4th lake safety tips

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