"U.S. to Back Loans for Reactors"

"President Obama is to announce on Tuesday a loan guarantee to allow construction of two nuclear reactors in Georgia, according to administration officials.

If the project happens, it is likely to be the first nuclear reactor construction in the United States since the 1970s.

The Southern Company applied two years ago to the Nuclear Regulatory Commission for permission to build and operate two reactors in Burke County, near Augusta, adjacent to its Vogtle 1 and 2 reactors. The company hopes to win a license late next year."

The New York Times had the story February 12, 2010.

Monday, February 15, 2010