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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
08/27/201514:15:00Southern Company partners to award new Gulf Coast Conservation...
08/25/201517:40:00AGL RESOURCES INVESTOR ALERT BY THE FORMER ATTORNEY GENERAL OF...
08/24/201520:29:00Merger Monday Rolls Ahead; Whiplash For Netflix Holders
08/24/201516:16:10Current Report Filing (8-k)
08/24/201515:01:00WeissLaw LLP Investigates AGL Resources, Inc. Acquisition
08/24/201512:00:00Southern Company--AGL Resources combination enhances customer-focused...
08/24/201511:48:00Southern Co. to Buy AGL Resources for $8 Billion -- 3rd Update
08/24/201510:58:00AGL RESOURCES INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A...
08/24/201510:52:00Southern Co. to Buy AGL Resources for $8 Billion -- 2nd Update
08/24/201508:28:00Southern Co. to Buy AGL Resources for $8 Billion -- Update
08/24/201508:20:00Southern Co. to Buy AGL Resources for $8 Billion
08/24/201508:13:00Southern Co. to Buy AGL Resources for $8 Billion
08/24/201507:41:03Current Report Filing (8-k)
08/24/201507:30:00Southern Company to Acquire AGL Resources in $12 Billion Transaction...
08/19/201516:06:00First Unit 3 Shield Building panels placed at Vogtle expansion
08/18/201514:15:00Vogtle 12th VCM costs approved unanimously by Georgia PSC
08/14/201506:01:26Current Report Filing (8-k)
08/11/201512:07:00National 811 Day highlights digging safety
08/10/201511:58:00Vogtle expansion project completes heaviest "lift" to date
08/07/201510:00:00Georgia Power enhances service, reliability for 1.1 million customers

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