Biden administration will give PG&E $1.1 billion to help keep California nuclear plant online

[Eugene]

Source: CNN

Biden administration will give PG&E $1.1 billion to help keep California nuclear plant online

By Stephanie Elam, CNN
Published 4:18 PM EST, Mon November 21, 2022

(CNN) — Nuclear energy in California got a jolt of financial support from the Biden administration on Monday as the US Department of Energy awarded a $1.1 billion grant to Pacific Gas & Electric to help extend the life of its Diablo Canyon Power Plant on the central California coast.

The Diablo plant was scheduled to be decommissioned in two phases, one in 2024 and another in 2025, something Gov. Gavin Newsom has worked to avoid as California’s electric grid has been stressed in recent years by intense heat waves and destructive wildfires.

The federal grant doesn’t ensure the plant will stay open beyond 2025, but it “creates a path forward for Diablo Canyon to remain open,” DOE said in a news release.

The conditional grant, pending negotiation and finalization by DOE, is a significant payout from the $1.2 trillion bipartisan infrastructure law which Biden signed last November. The legislation is intended to invest in repairing and modernizing America’s infrastructure, including its roads, bridges, internet and electric grid, among other projects.

-snip-

Read more: https://edition.cnn.com/2022/11/21/politics/biden-funds-diablo-nuclear-california-climate/index.html

[enough]

1. A billion dollars for something that may not continue to function beyond 2025.

[SergeStorms]

2. $1.1 billion...

with no assurance PG&E will keep the reactor running past 2025?

No comment.

[CentralMass]

3. CA is going all electric for passenger vehicles. The electricity has to come from somewhere

[enough]

4. How bout after 2025?

[hunter]

5. Hopefully more people will have realized by then that solar and wind power won't save us...

... and will only prolong our dependence on natural gas.

Ah, who am I kidding... we're also building more natural gas power plants with an extra helping of greenwash, screw the natural environment.

Seriously, that's the plan.