Powering Up

Last week, the nation finally heard from the Nuclear Regulatory Commission (NRC), which finally issued construction permits for The Southern Company's (SO) two new nuclear power plants at its Vogtle facility in Georgia. The NRC not only approved the construction of two new nuclear units, they also approved Southern to operate these new plants, under a permit called a combined license (COL)

The NRC previously certified Westinghouse's design for their AP1000 nuclear system. NRC's certification allows Westinghouse to sell AP1000s to any NRC-qualified utility without additional regulation. With the NRC's design certification in hand, Southern's COL completes the federal licensing process. After construction is completed, they can immediately begin commercial operations....597 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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