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Monday, July 27, 2009 - 12:32pm

Nuclear Company Considers Building More Nuclear Reactors

The power company that's seeking to build two new nuclear reactors in Georgia is now looking to possibly build more.

Southern Nuclear Operating Company, which is based in Alabama, has told the U.S. Nuclear Regulatory Commission they're evaluating the possibility of seeking the reactors, but they're not sure what state they would be built in or when they would be constructed.

The company operates Plant Vogtle, a power plant near Waynesboro, where there are already two reactors and where two more are currently under consideration by the NRC. They say they're reviewing various data, such as potential demand for electricity.

Georgia Power, a majority owner of the plant, earlier this year scored with lawmakers when the Georgia legislature approved a controversial rate increase for the reactors at Plant Vogtle. Ratepayers would start paying for the reactors before construction is completed. Georgia Power had argued the increased rates would save money. Opponents argued that the law could potentially mean that ratepayers may be stuck with higher rates whether construction of the reactors is ever completed or not.

But that legislation isn't limited to Vogtle. It allows for similar rate increases for future reactors.