29 Jun '16, 2pm

The End of the Era of Baseload Power Plants

PG&E’s plan to close the Diablo Canyon nuclear power plant -- a facility that currently provides about 10 percent of California’s electricity -- marks a historic transition for the electric power industry. Not only does it signal the end of nuclear power in California, but it also ushers in a new way of thinking about the very foundations of our electric system. Much has (rightly) been made of PG&E’s commitment to close the nuclear facility without increasing greenhouse gas emissions. This low-carbon future is now possible because the costs of solar and wind power have declined dramatically over the past five years, while the performance and reliability of these technologies have been proven, and they are attracting more and more investment. Less commented on is that closing Diablo Canyon, coming on top of the shutdown of the San Onofre nuclear power plant three year ago, ...

Full article: http://www.greentechmedia.com/articles/read/the-end-of-th...

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