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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
05/24/201615:30:00U.S. Energy Secretary Visit Highlights Southern Company's Innovation...
05/24/201614:08:40Current Report Filing (8-k)
05/24/201611:35:00Summer school now in session with Georgia Power
05/24/201611:33:00Southern Company honored as top military employer
05/23/201616:40:00Georgia Power promotes water safety during National Safe Boating...
05/23/201613:57:00Georgia Power Social Media Center opens in Atlanta
05/23/201609:33:00Georgia Power engages 100,000 students in STEM learning
05/20/201617:07:08Prospectus Filed Pursuant to Rule 424(b)(2) (424b2)
05/20/201612:00:00Mississippi Power, Origis Energy break ground on new solar energy...
05/20/201606:01:38Free Writing Prospectus - Filing Under Securities Act Rules 163/433...
05/19/201610:03:19Prospectus Filed Pursuant to Rule 424(b)(5) (424b5)
05/17/201616:27:21Additional Proxy Soliciting Materials (definitive) (defa14a)
05/17/201612:54:00Georgia PSC approves 15 percent fuel rate reduction
05/16/201610:33:05Statement of Changes in Beneficial Ownership (4)
05/16/201603:03:00Southern's Clean-Coal Woes Mount -- WSJ
05/15/201622:10:00Woes Mount for Clean-Coal Power Project
05/14/201605:59:00Southern Co.'s Clean-Coal Power Project Woes Mount
05/13/201613:30:00760 tons of new equipment placed at Vogtle Unit 3
05/12/201610:05:00Safety tips from Georgia Power for National Electrical Safety...
05/11/201614:35:50Current Report Filing (8-k)

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