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PG&E to close Diablo Canyon nuclear plant

Posted by Green Builder Staff

Jun 28, 2016 11:20:12 AM

PG&E will replace Diablo Canyon exclusively with electricity sources that don’t pump carbon dioxide into the atmosphere.

SF Gate reports that PG&E will shut down the Diablo Canyon Power Plant and replace lost energy generation with sources that don't produce carbon dioxide.  They also pledge to generate 55% of their electricity from renewable sources by 2031.

Diablo Canyon

Photo credit: PG&E

From the SF Gate article:

A rising flood of renewable power is pouring onto the state’s electricity grid, and, under California regulations, that power has priority over electricity generated from nuclear reactors or fossil fuel plants. In addition, energy efficiency and the rapid spread of public power projects like San Francisco’s CleanPowerSF are cutting the amount of electricity that PG&E will need to generate or buy for its customers.

“Our analysis continues to show that instead of continuing to run all the time, there will be parts of the year where Diablo will not be needed,” said Earley, who flew to San Luis Obispo to break the news to Diablo’s 1,500 employees in a series of staff meetings Tuesday. “At a plant like Diablo, with large fixed costs, if you effectively only run the plant half the time, you’ve doubled the cost.”

Lt. Gov. Gavin Newsome called attention to the fact that a major utility has decided that the it made good business sense to switch to renewables.

“The idea that the economics — from PG&E’s perspective — work for renewables is a pretty profound moment in energy policy,” Newsom said. “We’ve been asserting it for decades. And here you have a major utility acknowledging a low-carbon, green future.”

You can read the complete article on www.sfgate.com.

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