Pacific Gas & Electric to close California's last nuclear plantStaff writer ▼ | June 21, 2016
Pacific Gas & Electric Co. and environmental groups reported an agreement had been reached to shutter the twin-reactor facility by 2025.
Energy After three decades of safety debates
PG&E owns and operates Diablo Canyon, which sits on the bluffs above the Pacific Ocean between Avila Beach and Los Osos.
Environmentalists have been pressing the Nuclear Regulatory Commission for years to close Diablo, given its proximity to numerous seismic faults in earthquake-prone California.
Under the agreement, PG&E won't seek relicensing for the plant, which supplies 10 percent of the state's power. The reactors' licenses expire in 2024 and 2025, respectively. The deal will replace the plant's production with solar and other forms of energy that don't emit climate-changing greenhouse gases.
"The important thing is that we ultimately got to a shared point of view about the most appropriate and responsible path forward with respect to Diablo Canyon, and how best to support the state's energy vision," PG&E Chairman, CEO and President Tony Earley said. ■