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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
07/30/201512:27:00$1.8 billion in federal loans received to date for Plant Vogtle...
07/29/201514:31:11Southern Co. Profit Edges Higher, Though Revenue Slips -- Update
07/29/201509:30:03Southern Co. Profit Edges Higher, Revenue Slips
07/29/201509:09:14Southern Co. Profit Edges Higher, Though Revenue Slips
07/29/201508:43:16Current Report Filing (8-k)
07/29/201507:15:00Southern Company reports second-quarter earnings
07/28/201516:24:58Current Report Filing (8-k)
07/23/201515:41:00Be summer storm ready with Outage Alerts, free resources
07/22/201510:15:00Southern Company and partners award waterway conservation grants
07/21/201515:38:00Georgia Power receives approval for Marine Corps Logistics Base...
07/20/201514:40:00Southern Company announces quarterly dividend
07/20/201514:39:00Georgia Power offers new instant savings at The Home Depot
07/15/201516:26:00SUBASE Kings Bay 30 MW solar project moving forward
07/15/201510:12:00Alabama Power declares dividends
07/14/201514:14:45Statement of Changes in Beneficial Ownership (4)
07/13/201510:00:00Southern Company hires information technology veteran as chief...
07/10/201516:57:03Current Report Filing (8-k)
07/07/201514:00:00Southern Company second-quarter earnings to be released July...
07/07/201509:00:00Southern Company CEO announces key hire for Energy Innovation...
07/02/201515:36:00Georgia Power highlights July 4th lake safety tips

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