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NRC Clears Southern Co. New Nuclear Reactor

By Ryan Tracy Of DOW JONES NEWSWIRES WASHINGTON -(Dow Jones)- Southern Co.'s (SO) application for the first new U.S. nuclear reactor in decades received the blessing of the Nuclear Regulatory Commission on Thursday, clearing a regulatory hurdle in the company's quest to lead a new wave of reactor construction. As expected, a majority of the five NRC members said Thursday they favored the proposal to build two new reactors at its Vogtle site in Georgia. The NRC's staff still have to complete a final administrative review before the license is issued, but that is expected to happen soon. NRC Chairman Gregory Jaczko was the lone dissenting vote against issuing the license. He favored a requirement that "safety enhancements" as a result of meltdowns last year at Japan's Fukushima Daiichi nuclear plant be made at the Vogtle plant. "I cannot support issuing this license as if Fukushima had never happened," Jaczko said at an NRC meeting Thursday. -By Ryan Tracy, Dow Jones Newswires; 202-862-9245; [email protected]

Stock News for Southern (SO)
DateTimeHeadline
02/23/201703:03:00Southern's 'Clean Coal' Plant May Not Be Cost-Efficient -- WSJ
02/22/201717:26:00Southern Co.'s New 'Clean Coal' Plant May Not Be Cost-Efficient...
02/22/201708:56:21Current Report Filing (8-k)
02/22/201708:37:00Southern Co. Profit Falls
02/22/201706:45:00Southern Company reports fourth-quarter and full-year 2016 earnings
02/22/201706:06:02Annual Report (10-k)
02/20/201712:48:00Cooper, Gellerstedt named to Georgia Power Board of Directors
02/20/201712:33:00GNG Contact Call Centers Certified by J.D. Power
02/16/201715:53:29Statement of Changes in Beneficial Ownership (4)
02/16/201712:06:00Southern Company named to Fortune's most admired list
02/15/201709:45:11Statement of Changes in Beneficial Ownership (4)
02/15/201709:44:43Statement of Changes in Beneficial Ownership (4)
02/15/201709:44:43Statement of Changes in Beneficial Ownership (4)
02/15/201709:43:16Statement of Changes in Beneficial Ownership (4)
02/13/201706:58:36Amended Statement of Ownership (sc 13g/a)
02/06/201712:10:00Refueling activities and performance enhancements underway at...
02/03/201711:05:00Georgia Power names Bentina Terry senior vice president of Metro...
02/02/201712:29:00Southern Company Becomes a Member of the International Energy...
02/02/201712:14:00Southern Nuclear wins leading industry award for advancing technological...
02/01/201715:48:00Georgia Power makes driving electric more convenient than ever...

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