Steam rises from the cooling towers of nuclear reactors at Georgia Power's Plant Vogtle in Waynesboro, Ga. The U.S. Nuclear Regulatory Commission approved Southern Co.'s application to begin full construction of the nation's first new nuclear units since 1978 at Plant Vogtle.
Mary Ann Chastain / AP
The nuclear industry is celebrating the federal Nuclear Regulatory Commission's decision to give the go-ahead for a utility company to build two new nuclear reactors in Georgia, the first license to be granted for a new reactor in the U.S. since 1978. But last year's accident at reactors in Fukushima, Japan, still clouds the future of nuclear power, as does the cost of new power plants.
Southern Co. will build the reactors at its Vogtle site in Georgia, where two older reactors already operate.
Scott Peterson, vice president of the industry's Nuclear Energy Institute, says it's not a "nuclear renaissance," but instead a "first wave" for new reactors.