Apparently, this will be the first new construction license for a nuclear power plant in the US. Small wonder that

Chairman and Chief Executive Officer Thomas Fanning, whose company [Southern] won $8.33 billion in U.S. nuclear loan guarantees last year, said the nation should build reactors without letting radiation releases from a Japanese plant “distract us from what we must do here.”

Southern, based in Atlanta, is awaiting final certification for the design of its AP1000 reactors, made by Toshiba Corp. (6502)’s Westinghouse Electric Co.

But one problem is that

Toshiba supplied two of the reactors at the Fukushima Daiichi power plant that was stricken by an earthquake and tsunami on March 11.

This does not augur well for Southern.


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