11 Jan '18, 10pm

Diablo Canyon to Close Without Clean Energy Guarantees

California regulators have approved a plan to close Diablo Canyon, the state’s last nuclear power plant, that has environmental and clean energy groups, local communities, and even utility Pacific Gas & Electric crying foul over the results. On Wednesday, the California Public Utilities Commission approved a plan for PG&E to close the Central Coast plant by 2025, and recover $241.2 million in costs to pay for it, mostly expenditures associated with paying employees to run the plant through its closure. That’s half the amount of money -- $448 million -- for worker retention, retraining and community support that PG&E, the Natural Resources Defense Council, unions and community groups agreed on in a joint agreement that opened the discussion of Diablo Canyon’s closure last summer. The CPUC’s proposed decision, which first emerged in November, made drastic changes to this joi...

Full article: https://www.greentechmedia.com/articles/read/diablo-canyo...

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