Southern Co. aims to build more nuclear reactors

Southern Co. (NYSE: SO) said it hopes to announce plans for even more new nuclear reactors.

Company Chief Executive Officer Tom Fanning reportedly made the comments at a conference in Washington, according to Reuters. Fanning said the company is evaluating six possible sites for more reactors, including existing power plants and greenfield locations.

Southern is currently building two Westinghouse AP1000 reactors at its Plant Vogtle in Georgia. The reactors cost about $14 billion, but delays have increased the price tag. Unit 3 is expected to begin operations in late 2017 or early 2018, and Unit 4 is expected to come online shortly thereafter.

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http://www.power-eng.com/articles/2014/07/southern-co-aims-to-build-more-nuclear-reactors.html