California Keeps Diablo Canyon Nuclear Power Plant Open

Legislation keeps nuclear power plant open for an additional five years beyond its scheduled closing in 2024 and 2025.

Governor Gavin Newsom signed into law SB 846, which extends the life of the 2,250 MW Diablo Canyon nuclear power plant’s two units by five years to 2029 and 2030. The legislation also authorizes a forgivable $1.4 billion loan for plant owner Pacific Gas & Electric (PG&E) and streamlines environmental reviews. The bill passed overwhelmingly in both the s…