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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
03/24/201717:32:44Proxy Statement - Notice of Shareholders Meeting (preliminary...
03/16/201709:07:00X-energy Moves their Xe-100 Advanced Reactor into Conceptual...
03/16/201708:41:36Current Report Filing (8-k)
03/14/201709:31:45Statement of Changes in Beneficial Ownership (4)
03/14/201709:30:23Statement of Changes in Beneficial Ownership (4)
03/13/201710:30:00Refueling activities and performance enhancements underway at...
03/09/201713:50:42Amended Statement of Changes in Beneficial Ownership (4/a)
03/09/201713:50:14Amended Statement of Changes in Beneficial Ownership (4/a)
03/02/201716:34:10Current Report Filing (8-k)
03/01/201711:48:16Statement of Changes in Beneficial Ownership (4)
03/01/201711:47:23Statement of Changes in Beneficial Ownership (4)
03/01/201711:45:40Statement of Changes in Beneficial Ownership (4)
02/28/201717:16:00Plant Hatch Unit 2 completes record-setting refueling outage...
02/24/201710:00:00Georgia Power Simple Solar now available
02/24/201709:00:00Paula Marino inducted into Alabama Engineering Hall of Fame
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

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