Biden administration gives PG&E $1.1 billion to keep Diablo Canyon nuclear plant running
- Nov 21, 2022 8:47 pm GMT
The federal government has conditionally awarded
The funding, announced Monday morning, comes from the
“This is a critical step toward ensuring that our domestic nuclear fleet will continue providing reliable and affordable power to Americans as the nation’s largest source of clean electricity,”
The federal funding will help
The utility company had applied for the funding on
“This is another very positive step forward to extend the operating life of
The final amount of money awarded to
That 2009 application was withdrawn in 2018 when the utility reached agreements with environmental groups to close the plant in 2025 and replace it with solar and other forms of renewable energy. The utility had wanted to extend the nuclear power plant’s life to 2045.
“This investment creates a path forward for a limited-term extension of the Diablo Canyon Power Plant to support reliability statewide and provide an on ramp for more clean energy projects to come online,” Newsom said in a Monday news release. “I thank the
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