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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; ryan.tracy@dowjones.com

Stock News for Southern (SO)
DateTimeHeadline
05/22/201509:00:00Southern Company earns national recognition as a top military...
05/21/201512:00:00Southern Company subsidiary furthers renewable energy leadership...
05/21/201507:03:48Current Report Filing (8-k)
05/20/201515:12:00Hendrickson to lead Georgia Power Corporate Communication
05/20/201512:15:10What Is the S&P 500 Index?
05/19/201513:02:00Georgia Power launches 2015/2016 ASI Distributed Generation program
05/18/201509:00:00Formal Expression of Interest in Lightbridge Metallic Fuel Submitted...
05/16/201510:07:035 Things Southern Co.'s Management Wants You to Know
05/15/201517:26:00Construction to begin on Georgia Power Georgia 3x30 solar projects
05/15/201516:42:14Current Report Filing (8-k)
05/15/201511:48:08This Dow Average is Already Having Its Correction
05/14/201508:40:00Georgia Power marks signing of groundbreaking solar legislation...
05/13/201516:31:00Third phase of Dalton Solar Plant now online
05/12/201516:41:23Additional Proxy Soliciting Materials (definitive) (defa14a)
05/11/201516:52:29Notice of Exempt Solicitation Pursuant to Rule 14a6(g) (px14a6n)
05/11/201516:45:56Notice of Exempt Solicitation Pursuant to Rule 14a6(g) (px14a6n)
05/11/201513:32:07Correction to Southern Co. Article on April 29
05/11/201512:09:00Upgrades to Plant Farley Unit 1 enhance the production of low-cost...
05/08/201517:08:07Additional Proxy Soliciting Materials (definitive) (defa14a)
05/07/201510:30:00Southern Company taking energy innovation to new heights through...

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