‘The clock is ticking’: PG&E exploring possibility of keeping Diablo Canyo open to boost reliability: CEO
Pacific Gas & Electric is exploring the possibility of keeping the 2.2 GW Diablo Canyon nuclear plant open beyond its currently scheduled retirement in 2024 and 2025 to support the reliability of California’s electricity system, PG&E Corp.
Related Knowledge Center: ENERGY BASICS: nuclear
Nuclear energy provides almost 20 percent of the U.S. electricity supply. Advocates have called for an expanded role for nuclear as an emissions-free fuel source. But the economics of building new reactors are daunting. In addition, lingering safety concerns are an institutionalized part of the calculation of nuclear regulation, and highly radioactive nuclear waste remains a can that public officials have been inclined to kick down the road. The Energy Information Administration projects a sharp decline in nuclear power generation over the next decade, as new nuclear plants — two are planned — are more than offset by anticipated retirements of several operating reactors.