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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
07/25/201609:46:20Statement of Changes in Beneficial Ownership (4)
07/20/201618:50:00Kinder Morgan Revenue Falls
07/20/201613:50:00Georgia Public Broadcasting Launches Chemistry Matters August...
07/19/201614:15:00Southern Company subsidiaries announce leadership changes
07/18/201615:30:00Southern Company announces quarterly dividend
07/15/201613:00:00Southern Company subsidiary announces syngas production milestone...
07/15/201611:39:00Georgia Power introduces new Billing Alerts
07/14/201614:00:00Southern Company and partners announce Gulf Coast Conservation...
07/13/201615:20:00Alabama Power declares dividends
07/11/201616:28:42Current Report Filing (8-k)
07/11/201614:30:00Southern Company celebrates transformational changes with ringing...
07/11/201612:00:00Southern Company unveils new brand
07/11/201610:03:36Statement of Changes in Beneficial Ownership (4)
07/11/201603:03:00Kinder Morgan, Southern Agree to Gas Pipeline Venture -- WSJ
07/10/201621:20:00Kinder Morgan, Southern Set Pipeline Venture
07/10/201619:37:00Southern Buying 50% Stake in Kinder Morgan Pipeline for $1.47...
07/10/201618:00:00Southern Company, Kinder Morgan Enter Southern Natural Gas Pipeline...
07/10/201618:00:00Southern Company, Kinder Morgan enter Southern Natural Gas pipeline...
07/08/201614:00:00Southern Company second-quarter earnings to be released July...
07/08/201612:00:00Southern Company awarded for employee safety competition

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