First new nuke reactor in 3 decades gets approval

WASHINGTON – The Nuclear Regulatory Commission has approved the first new nuclear power project in more than three decades.

The panel on Thursday approved plans from Southern Company for two reactors at a Georgia site. The $14 billion reactors could begin operating as soon as 2016 and 2017.

The NRC last approved construction of a nuclear plant in 1978, a year before a partial meltdown of the Three Mile Island nuclear plant in Pennsylvania raised fears of a radiation release and brought new reactor orders nearly to a halt.

The NRC approved a new reactor design for the Georgia plant in December. Utility companies in Florida and the Carolinas also plan new reactors that use the same design by Westinghouse Electric Co.

The planned reactors are remnants of a once-anticipated building boom that the power industry dubbed the “nuclear renaissance.”