Filter by tags: Pacific Gas and Electric Company Clear all tag filters
16 news articles found
California facility had been scheduled for closure in 2025
- Source: Nucnet
- Date: Thursday, 27 June 2024
- Original article: nucnet.org/news/governor-wins-budget-battle-over-usd400-million-loan-for-nuclear-power-station-6-3-2024
California governor says power needed beyond 2025 to ward off possible blackouts
- Source: Nucnet
- Date: Friday, 03 May 2024
- Original article: nucnet.org/news/us-court-rejects-climate-groups-challenge-to-nuclear-station-extension-5-4-2024
Californian regulators have agreed to extending the operations of the Diablo Canyon nuclear power plant for an additional five years, to 2030.
- Source: World Nuclear News
- Date: Wednesday, 20 December 2023
- Original article: world-nuclear-news.org/Articles/State-regulators-approve-Diablo-Canyon-continued-o
In October 2022, PG&E asked the NRC to resume consideration of an application initially submitted in 2009 to extend the station’s life. That application was later was withdrawn after PG&E announced plans in 2016 to shut down the reactors.
In September 2022, California legislators had voted to extend the life of the station by five years as protection against possible blackouts – provided the federal government pays much of the cost. That effectively meant the utility’s 2016 deal to close the facility could be cancelled.
The legislation said PG&E will receive a $1.4bn (€1.2bn) loan to keep Diablo Canyon operational until October 2030, but the loan is contingent upon the company receiving money from the US Department of Energy to pay the state back under a $6bn federal programme to help struggling nuclear plants.
- Source: Nucnet
- Date: Friday, 27 January 2023
- Original article: nucnet.org/news/nrc-rejects-review-of-2009-nuclear-station-operating-extension-1-4-2023
The US Administration, through the Department of Energy (DOE), has announced the conditional selection of the Diablo Canyon Power Plant in California to receive the first round of funding from the $6 billion Civil Nuclear Credit (CNC) programme, funded by President Biden’s Bipartisan Infrastructure Law.
- Source: NEI Magazine
- Date: Friday, 25 November 2022
- Original article: neimagazine.com/news/newsus-provides-funding-for-diablo-canyon-npp-10381420
California lawmakers have voted to extend the operating life of the state's only nuclear power plant at Diablo Canyon. The proposal passed by the legislature could keep open the state's largest single source of electricity for five more years, in part by giving plant owner Pacific Gas and Electric (PG&E), a $1.4 billion forgivable loan. The loan is expected to be repaid with federal funding. PG&E in 2016 proposed closing Diablo Canyon when the two pressurised water reactor units reached the end of their current operating licences, in 2024 and 2025.
- Source: NEI Magazine
- Date: Wednesday, 07 September 2022
- Original article: neimagazine.com/news/newscalifornia-extend-the-life-of-diablo-canyon-npp-9980465
The decision by the California legislature to pass a bill that will enable the state's only remaining nuclear power plant to continue operation until 2030 has been greeted as the right choice for the state.
- Source: World Nuclear News
- Date: Saturday, 03 September 2022
- Original article: world-nuclear-news.org/Articles/Historic-California-vote-hailed-as-the-right-choic
Lawmakers in California have until 31 August - when the current legislative session ends - to vote on a proposed bill that would extend operations at the Diablo Canyon nuclear power plant. The American Nuclear Society has written to state legislators urging quick passage of the bipartisan legislation.
- Source: World Nuclear News
- Date: Wednesday, 31 August 2022
- Original article: world-nuclear-news.org/Articles/Californian-lawmakers-urged-to-support-Diablo-Cany
The proposal would exempt the extension from some environmental rules and would state regulatory agencies to act quickly to clear the way for the facility’s two reactors to continue operating.
The proposal, which would have to be introduced as a bill in the state legislature, is the latest in a series of steps California has made this year to reconsider its 2016 decision to retire the Diablo Canyon power plant by 2025.
Diablo Canyon, midway between Los Angeles and San Francisco, produces 9% of California’s electricity. The proposal says its continued operation beyond 2025 is “critical to ensure statewide energy system reliability” as climate change stresses the energy system.
- Source: Nucnet
- Date: Thursday, 18 August 2022
- Original article: nucnet.org/news/operator-could-receive-usd1-4-billion-government-loan-to-keep-diablo-canyon-open-8-3-2022
The US Department of Energy (DOE) has recently announced an amendment to the Civil Nuclear Credit (CNC) Program Guidance for the currently open award cycle. To incorporate these changes and give potential applicants the time they need to respond, DOE also extended the application period for a further 60 days to 6 September.
- Source: NEI Magazine
- Date: Wednesday, 06 July 2022
- Original article: neimagazine.com/news/newsus-doe-revises-eligibility-for-civil-nuclear-credit-programme-9824737