U.S. grants $1.1 bln to keep Diablo Canyon nuclear plant open

Diablo Canyon Nuclear Power Plant Gets $1.1 Billion Lease on Life - The Santa Barbara Independent

Diablo Canyon nuclear power plant was the only beneficiary of the first round of President Biden’s Bipartisan Infrastructure Law, receiving $1.1 billion in a grant from the Civil Nuclear Credit program on Monday to help extend the plant’s lifespan beyond its impending expiration date. The nuclear facility up the coast from Santa Barbara in San Luis Obispo County came online in 1984, and operator Pacific Gas & Electric decided in 2016 that it wou…

Biden administration will give PG&E $1.1 billion to help keep California nuclear plant online

Nuclear energy in California got a jolt of financial support from the Biden administration on Monday as the US Department of Energy awarded a $1.1 billion grant to Pacific Gas

Biden Allocates $1.1 Billion to Keep California’s Nuclear Power Plant Operating

California’s last operating nuclear power plant was given another funding boost as operators seek to keep it running for another eight years. The U.S. Energy Department awarded Diablo Canyon Nuclear Power Plant $1.1 billion from the Civil Nuclear Credit Program funded by an infrastructure bill passed by Congress in 2021. “This is a critical step toward ensuring that our domestic nuclear fleet will continue providing reliable and affordable power…

Diablo Canyon Nuclear Power Plant Saved (For Now) With $1 Billion Lifeline From Feds

The last remaining nuclear power plant in California just got a $1.1 billion dollar grant from the federal government to keep the lights on, as the on-again, off-again fate of the Diablo Canyon nuclear power facility looks like it will keep humming at least a couple more years.  Last we’d heard of the Diablo Canyon Power Plant — California’s last remaining nuclear power plant and located some 250 miles south of SF in San Luis Obispo — the plant …

Diablo Canyon: Feds offer $1.1 billion to keep California's last nuclear plant open

The Biden administration on announced approval to spend up to $1.1 billion to help keep California's last operating nuclear power plant running.

Feds offer $1B to keep California's last nuclear plant open

The Biden administration on Monday announced preliminary approval to spend up to $1.1 billion to help keep California's last operating nuclear power plant running, even as officials turned down a request for financial aid to restart a closed nuclear plant in Michigan.