Advertisement
Singapore markets close in 1 hour 25 minutes
  • Straits Times Index

    3,343.49
    +11.79 (+0.35%)
     
  • Nikkei

    39,341.54
    -325.53 (-0.82%)
     
  • Hang Seng

    17,720.96
    -368.97 (-2.04%)
     
  • FTSE 100

    8,219.63
    -5.70 (-0.07%)
     
  • Bitcoin USD

    60,815.26
    -719.95 (-1.17%)
     
  • CMC Crypto 200

    1,263.70
    -2.44 (-0.19%)
     
  • S&P 500

    5,477.90
    +8.60 (+0.16%)
     
  • Dow

    39,127.80
    +15.64 (+0.04%)
     
  • Nasdaq

    17,805.16
    +87.50 (+0.49%)
     
  • Gold

    2,312.10
    -1.10 (-0.05%)
     
  • Crude Oil

    80.80
    -0.10 (-0.12%)
     
  • 10-Yr Bond

    4.3160
    +0.0780 (+1.84%)
     
  • FTSE Bursa Malaysia

    1,583.48
    -7.47 (-0.47%)
     
  • Jakarta Composite Index

    6,954.85
    +49.21 (+0.71%)
     
  • PSE Index

    6,390.58
    +77.47 (+1.23%)
     

Southern Company CEO sees more industry nuclear commitments in US by 2030

Illustration shows Electric power transmission pylon miniatures and Southern Company logo

(Reuters) -Power provider Southern Company CEO Chris Womack said on Monday he expects more industry commitments to build gigawatt-scale light water nuclear reactors in the U.S. before 2030.

Southern Company began commercial operations on its Vogtle 4 reactor this year as part of the first nuclear power plant to be constructed in the country in more than 30 years.

"You're seeing them now show up in a number of integrated resource planning processes," Womack said at the American Nuclear Society conference in Las Vegas. "The question becomes: is there willingness to push through?"

Womack said he expected announced plans in 2027 or 2028 to construct similar reactors, which are larger than the advanced small modular reactors that have not yet been built in the country, although he did not specify which companies would make the announcements.

(Reporting by Laila Kearney and Seher DereenEditing by Marguerita Choy)