Commodities

Approval Granted For First U.S. Nuclear Power Plant Since 1978

 


On Thursday the Nuclear Regulatory Commission approved the first nuclear power plant in the US since the Three Mile Island accident in Pennsylvania back in 1979. The Southern Co. based in Atlanta already operates two reactors at its Vogtle site near Augusta, and has just been granted permission to build another two reactors. The Southern Co. President and CEO Thomas Fanning said that the approval was "a monumental accomplishment", not only the company, but also the nuclear industry as a whole. "We are committed to bringing these units online to…

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