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ATLANTA (AP) — A nuclear power plant in Georgia has begun splitting atoms in the second of its two new reactors, Georgia Power said Wednesday, a key step toward providing carbon-free electricity. The unit of Atlanta-based Southern Co. said operators reached self-sustaining nuclear fission inside the reactor at Plant Vogtle, southeast of Augusta. Georgia Power says operators will raise power and sync up its generator to the electric grid, beginning to produce electricity. The new Vogtle reactors are currently projected to cost Georgia Power and three other owners $31 billion, according to calculations by The Associated Press. Georgia Power owns 45.7% of the reactors, with smaller shares owned by Oglethorpe Power Corp., which provides electricity to member-owned cooperatives; the Municipal Electric Authority of Georgia; and the city of Dalton.

Persons: Georgia Power, That’s Organizations: ATLANTA, Georgia Power, Southern Co, Plant Vogtle’s, Georgia, Regulators, Associated Press, Westinghouse, Oglethorpe Power Corp, Municipal Electric Authority of Locations: Georgia, Atlanta, Augusta, Vogtle, American, Municipal Electric Authority of Georgia, Dalton, Florida, Alabama

ATLANTA (AP) — Georgia Power Co. said Thursday that vibrations found in a cooling system of its second new nuclear reactor will delay when the unit begins generating power. Georgia Power said the Unit 4 problem has already been fixed but too much testing remains to be done to make the March 30 deadline. The new Vogtle reactors are currently projected to cost Georgia Power and three other owners $31 billion, according to calulations by The Associated Press. But even as government officials and some utilities are again looking to nuclear power to alleviate climate change, the cost of Vogtle could discourage utilities from pursuing nuclear power. Georgia Power owns 45.7% of the reactors, with smaller shares owned by Oglethorpe Power Corp., which provides electricity to member-owned cooperatives; the Municipal Electric Authority of Georgia; and the city of Dalton.

Persons: Georgia Power Organizations: ATLANTA, — Georgia Power Co, Vogtle's, Southern Co, Georgia, Georgia Power, Georgia Public Service Commission, Regulators, The Associated Press, Westinghouse, Oglethorpe Power Corp, Municipal Electric Authority of Locations: Atlanta, Augusta, Georgia, Vogtle, American, Municipal Electric Authority of Georgia, Dalton, Florida, Alabama

☆ 2 nuclear reactors that can power 1 million US homes with clean, sustainable energy is $21 billion over budget and years behind schedule
▼ + stars: | 2023-12-19 | by ( Jeff Amy | Associated Press | ) www.businessinsider.com time to read: +5 min

It would take effect in the first month after Vogtle's Unit 4 begins commercial operation, projected to be sometime in March. They're currently projected to cost Georgia Power and three other owners $31 billion, according to Associated Press calculations. But even as government officials and some utilities are again looking to nuclear power to alleviate climate change, the cost of Vogtle could discourage utilities from pursuing nuclear power. Overall, the company said Georgia Power would collect an additional $729 million a year from its 2.7 million customers. The five Republican commissioners, all elected statewide, voted on an agreement that Georgia Power reached with commission staff and some consumer groups.

Persons: —, They're, Jeff Amy Southern, Georgia Power, John Kraft, Jason Shaw, Vogtle, " Shaw, Bryan Jacob Organizations: Service, Georgia Public Service, Georgia Power Co, Business, Vogtle's, Georgia Power, Westinghouse, Republican, Georgia Public Service Commission, AP, Jeff Amy Southern Co, Georgia, Georgia PSC, Power, Southern Alliance for Clean Energy, Oglethorpe Power Corp, Municipal Electric Authority of Locations: ATLANTA, Georgia, Augusta, American, Atlanta, Municipal Electric Authority of Georgia, Dalton, Florida, Alabama

Steam feeding into the Unit 3 turbine generator of the Vogtle nuclear power plant in Waynesboro, Ga. “The United States is now committed to trying to accelerate the deployment of nuclear energy,” John Kerry, President Biden’s climate envoy, said in September. One recent Pew survey found that 57 percent of Americans favor more nuclear plants, up from 43 percent in 2016. A NuScale engineer gave a tour of a control room simulator, modeling the company’s plans for new nuclear reactors, in 2013. “The demand for clean energy is almost unprecedented,” said Maria Korsnick, president of the Nuclear Energy Institute, an industry group.

Persons: Biden, ” John Kerry, Biden’s, “, ”, Jacopo Buongiorno, Jimmy Carter, Rosalyn Carter, Bruce Springsteen, Dan Reicher, Gavin Newsom, Reicher, Clinton, Jeffrey Collins, Arnie Gundersen, John Williams, “ It’s, Patty Durand, Julie Kozeracki, Kendrick Brinson, Jay Wileman, Bill Gates, Dow, Roger Blomquist, NuScale Power, Jose Reyes, Adam Stein, it’s, they’re, Ahmed Abdulla, Robert Taylor, Leah Nash, NuScale, David Schlissel, Joshua Freed, didn’t, Maria Korsnick Organizations: Unit, Republicans, Nuclear Regulatory Commission, Massachusetts Institute of Technology, Associated Press, Madison, Natural Resources Defense, California Gov, Democrat, Associated, Fairewinds Associates, Components, Workers, Georgia, Southern Company, Georgia Power, Georgia Public Service Commission, Energy Department, The New York Times, GE, Hitachi Nuclear Energy, Vogtle . Ontario, Tennessee Valley Authority, Argonne, National Laboratory, Energy, Nuclear Regulatory, NuScale, ”, Breakthrough Institute, Carleton University, Soaring, Institute for Energy Economics, United, Nuclear Energy Institute Locations: U.S, Waynesboro, Ga, Savannah, Georgia, United States, ”, Pennsylvania, Texas, Virginia, Jenkinsville, Vogtle, South Carolina, South, Canada, Tennessee, Argonne, Chicago, Idaho, Wyoming, California, Alaska, Maryland, Pueblo County, Colo

☆ Top Wall Street analysts are bullish on these dividend stocks
▼ + stars: | 2023-09-24 | by ( Tipranks.Com Staff | ) www.cnbc.com time to read: +7 min

Bearing that in mind, here are five attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. PEG's dividend yield is 3.8%. SO offers a dividend yield of 4%. In January, the oil and gas giant increased its quarterly dividend by about 6% to $1.51 per share, making 2023 the 36th straight year with a higher dividend payment. It paid a cash dividend worth $1.9 billion in the quarter and repurchased 2.4 million shares.

Persons: Michael Wirth, Adam Jeffery, Wall, Shelby Tucker, Tucker, Southern Company Tucker, Goldman Sachs, Neil Mehta, Mehta, Baird, Tristan Gerra, Gerra Organizations: Chevron, CNBC, Public Service Enterprise, Public Service Enterprise Group, RBC Capital, Public Service Electric and Gas, TipRanks, Southern Company, Southern, Chevron Hedge Fund, Broadcom Semiconductor, Broadcom, Nvidia, Myers Locations: U.S, New Jersey, TipRanks, Bristol

☆ How China became the king of new nuclear power, and how the U.S. is trying to stage a comeback
▼ + stars: | 2023-08-30 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +11 min

That is two and a half times more nuclear reactors under construction than any other country. China was just getting started as the United States nuclear industry began to take a back seat. Power follows demand, so the new nuclear reactors tend to be built where fast-developing economies need power to fuel their growth. For the United States to win the export business, it must prove it can put steel in the ground in the United States. "We and our close nuclear energy allies are at what I think is just the start of a fierce competition for supremacy in global nuclear energy export markets," Kotek said.

Persons: Jacopo Buongiorno, Kenneth Luongo, Luongo, John F, Kotek, they've, Buongiorno, Westinghouse, Trump, Biden Organizations: Plant, China National Nuclear Corporation, China Huaneng, Changjiang, China News Service, Getty, International Atomic Energy Agency, United, Massachusetts Institute of Technology, CNBC, Partnership for Global Security, World Nuclear Association, Chicago Tribune, Tribune, Service, IAEA, Organization for Economic Cooperation, Development, OECD, U.S . Energy Information Administration, Nuclear Energy Institute, International Energy Agency, France, Visual China, Georgia Power, Westinghouse Locations: China, Changjiang Li Autonomous County, Hainan Province, India, Turkey, United States, Georgia, Byron , Illinois, France, Russia, HUIZHOU, CHINA, Huizhou, Guangdong Province of China, Europe, Eastern Europe, U.S

☆ America’s first new nuclear reactor in nearly seven years starts operations
▼ + stars: | 2023-07-31 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: 1 min

In this article GPJA Follow your favorite stocks CREATE FREE ACCOUNTVogtle nuclear reactor 3 Source: Georgia PowerReactors for Unit 3 and 4 sit at Georgia Power's Plant Vogtle nuclear power plant on Jan. 20, 2023, in Waynesboro, Ga., with the cooling towers of older Units 1 and 2 billowing steam in the background. John Bazemore | APThe nuclear industry is celebrating the milestone. "The commercial operation of Vogtle Unit 3 marks a significant achievement for the U.S. nuclear energy industry and a milestone in advancing global clean and reliable energy solutions," Maria Korsnick, the CEO of the Nuclear Energy Institute, a nuclear industry advocacy group, said in a statement. "We are thrilled to witness the successful deployment of this Westinghouse AP1000 advanced reactor, which is helping to shape the energy landscape of the future." Over budget and late

Persons: John Bazemore, Maria Korsnick Organizations: Georgia Power Reactors, Georgia Power's, Vogtle, U.S, Nuclear Energy Institute, Westinghouse Locations: Georgia, Waynesboro, Ga

☆ Sam Altman explains why he's helping to take nuclear microreactor company Oklo public via SPAC
▼ + stars: | 2023-07-11 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +8 min

And if we get those, we'll be quite surprised about how different and how much better the future is," Altman told CNBC in a phone conversation on Friday. I think there's urgent demand for tons and tons of cheap, safe, clean energy at scale," Altman told CNBC. I mean, maybe we could get there just with solar and storage," Altman told CNBC. There's no lack of desire or need for this," Altman told CNBC. Some of that is the reactor's smaller size, but some of it is how the Oklo reactors have been designed.

Persons: Gensler, Sam Altman, Oklo, Jake DeWitte, Aurora, Altman, chatbot, Caroline Cochran, Jacob DeWitte, Y, OpenAI, Joel Saget, He's, We've, DeWitte Organizations: AltC Acquistion Corp, CNBC, Microsoft, Oklo, Y Combinator, Afp, Getty, Helion, Southern, Initiative, U.S . Department of Energy, Idaho National Laboratory, Nuclear Regulatory Commission, NRC Locations: ramping, OpenAI, Paris, Georgia, U.S, Southern Ohio, Idaho

☆ Goldman adds a utility stock to its list of elite picks for clients
▼ + stars: | 2023-07-03 | by ( Samantha Subin | ) www.cnbc.com time to read: +3 min

As the third quarter and second half open, Goldman Sachs is adding a key utility stock to its high-conviction stock list. These are some of the other names that made the cut: Goldman views the potential launch of an iPhone 15 come September as a big potential catalyst for shares of Apple. Like its peers, Apple shares have been on a tear in 2023, surging roughly 49% in the first half as Wall Street bet on artificial intelligence and returned to tech after a terrible 2022. WW International is positioned for the most upside potential among all the stocks on Goldman's list, with a $13 price target implying that shares can nearly double. Other key names highlighted in the list include Amazon , Warner Bros Discovery , Merck and JPMorgan Chase .

Persons: Goldman Sachs, Goldman, Steven Kron, — CNBC's Michael Bloom Organizations: Southern Company, Atlanta, Apple, Warner Bros Discovery, Merck, JPMorgan Chase

☆ Boring no more. Goldman says buy these utility stocks that are enabling a clean energy future
▼ + stars: | 2023-06-08 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Utility stocks are poised to capitalize on a clean energy future, according to Goldman Sachs. The shift to clean energy will require a "significant" amount of capital investment, which will contribute to attractive earnings and rate base growth, Davenport said. Among the names Goldman rated a buy are American Electric Power, NextEra Energy, Sempra and Southern Co. American Electric Power and NextEra Energy both hit several of Goldman's themes. NextEra Energy offers more than 21% upside to Goldman's price target, plus a 2.5% dividend yield. Meanwhile, Sempra is also an attractive growth opportunity, Davenport said.

Persons: Goldman Sachs, enablers, Carly Davenport, Davenport, Goldman, Sempra, CNBC's Michael Bloom Organizations: Utilities, Fund, Industry, American Electric Power, NextEra Energy, Sempra, Southern Co . American Electric Power, NextEra, Florida, Electric, LNG, Infrastructure, Southern Co Locations: United States, Southern, FPL, Texas

☆ Westinghouse unveils small modular nuclear reactor
▼ + stars: | 2023-05-04 | by ( Timothy Gardner | ) www.reuters.com time to read: +3 min

WASHINGTON, May 4 (Reuters) - U.S. company Westinghouse unveiled plans on Thursday for a small modular reactor to generate virtually emissions-free electricity that could replace coal plants or power water desalinization and other industries. Small modular reactors (SMR) are meant to fit new applications such as replacing shut coal plants and being located in more remote communities. They noted that Russia took the Zaporizhzhia nuclear power plant in Ukraine, the site of repeated shelling. That year, former President Donald Trump's administration issued restrictions on exports of nuclear technology newer than the AP1000 due to nuclear proliferation concerns. Baranwal said if the U.S. government deems AP300 to be a subset of the earlier reactor technology "then we can start entertaining the possibilities" of exporting it to China.

☆ Westinghouse announces a new small nuclear reactor — a notable step in the industry's efforts to remake itself
▼ + stars: | 2023-05-04 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +3 min

Westinghouse is offering a smaller-scale nuclear reactor in an effort to expand access to nuclear power as demand for clean energy soars. The company announced the launch of a small version of its flagship AP1000 nuclear reactor on Thursday. Small nuclear reactors are also being eyed by industrial producers as carbon-free sources of heat, Merrifield told CNBC. But an AP300 nuclear reactor will produce roughly the same amount of electricity as what a typical coal plant produces, so replacing one coal plant with a small nuclear reactor would be simpler. "We have absolute confidence, because the NRC has already licensed every bit of this technology," Durham told CNBC.

☆ A new nuclear reactor in the U.S. starts up. It's the first in nearly seven years
▼ + stars: | 2023-03-07 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +2 min

For the first time in almost seven years, a new nuclear reactor has started up in the United States. On Monday, Georgia Power announced that the Vogtle nuclear reactor unit 3 has started a nuclear reaction inside the reactor. It's when the nuclear fission process starts splitting atoms and generating heat, Georgia Power said in a written announcement. However, because nuclear energy is generated without releasing carbon dioxide emissions, which cause global warming, the current increased sense of urgency in responding to climate change has given nuclear energy a chance at a renaissance. The cost associated with building nuclear reactors is a major barrier to a potential resurgence in nuclear energy, however.

☆ Green surge is circuit breaker on nuclear revival
▼ + stars: | 2023-01-04 | by ( Robert Cyran | ) www.reuters.com time to read: +3 min

NEW YORK, Jan 4 (Reuters Breakingviews) - Nuclear power received what seem like two plum gifts for 2023. Nuclear plants are expensive to build, and their complexity often causes projects to go way over budget. The cost of a new nuclear power station is around $168 per megawatt hour according to Lazard. China has 22 nuclear reactors under construction, but built renewables about twice as fast. CONTEXT NEWSVogtle 3 and 4 will be the first new nuclear reactors built in the United States in more than three decades.

☆ Why Silicon Valley is so hot on nuclear energy and what it means for the industry
▼ + stars: | 2022-12-02 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +13 min

Pallava Bagla | Corbis News | Getty ImagesVenture capitalists in Silicon Valley and other tech hubs are investing money in nuclear energy for the first time in history. This surge of private investment will be a positive for the industry, agrees John Parsons, an economist and lecturer at MIT. Nuclear energy is "a very complex science, and it's been supported by the federal government and at these national labs. In the 1960s and 1970s, large conglomerates constructed big nuclear power plants, and those projects often ran over budget. New generations of nuclear reactors will have different sizes, different coolants and different fuels, explained Matt Crozat, senior director of policy development at the Nuclear Energy Institute.

☆ America’s Only New Nuclear Plant Inches Closer to a Long-Delayed Start
▼ + stars: | 2022-10-28 | by ( Jennifer Hiller | ) www.wsj.com time to read: 1 min

A reactor at the only nuclear power plant under construction in the U.S., which is billions over budget and years behind schedule, started loading fuel this month and could be delivering power by the end of March. Southern Co., the Atlanta-based utility company building the nuclear-power plant, said it expects the first new reactor at its Vogtle project to be completed by the end of the first quarter of 2023. The first sustained nuclear reaction could occur in January followed by testing electric power production and safety systems, while a second reactor could be completed by late 2023, the company said on Thursday.

Польша обиделась на то, что немцы, французы и австрийцы решили строить жизненно важный для них газопровод, не спросив разрешения у нее. Правда, на текущий момент "Газпром" и его партнеры по всем аналогичным требованиям выплатили ровно ноль долларов, но поляки упорно гнут свою линию. По словам министра энергетики США Дэна Бруйетта, Штаты обязуются в течение ближайших полутора лет разработать план строительства шести атомных реакторов на территории Польши совокупной мощностью до девяти гигаватт. С 1954 года и по настоящий момент все внешнее сотрудничество в сфере атомной энергетики в США регулируется положениями так называемого Atomic Energy Act. Впрочем, подписание межгосударственных соглашений с Америкой вовсе не значит, что вторая сторона действительно получит атомный "горшок".

Persons: —, Wintershall, Virgil C, Сергей Савчук, Дэн Бруйетта, Петр Возняк, Возняк Organizations: Reuters, Energy, Westinghouse General Electric, Westinghouse, Nuclear Regulatory Commission, Power Investment Corp, Sputnik Moldova, Управление по охране конкуренции и потребителей (UOKiK), Газпром, Engie, Uniper, Wintershall, OMV, РИА Новости, UOKiK, Reuters, АЭС, Cheniere Marketing International LLP, PGNiG, Westinghouse, General Electric, Саньмынь, АР, Комиссия по ядерному регулированию (Nuclear Regulatory Commission), Vogtle, Virgil C. Summer, State Power Investment Corp (SPIC), AP, SPIC, Росатом, Telegram, Video, Radio Sputnik Moldova Locations: Польша, США, Европа, Россия, Варшава, Соединенные Штаты, Штаты, Вашингтон, Евросоюз, Брюссель, Германия, Австрия, Франция, Москва, Свиноуйсьце, Тайвань, Америка, Китай, Пекин, Молдова

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