Overview
- Thursday’s state Coastal Commission vote clears a key hurdle for Pacific Gas & Electric to keep California’s last nuclear plant running at least through 2030.
- California previously advanced nearly $1.4 billion under SB 846 to support the extension, but an August state report forecasts only about $741 million in federal reimbursement, leaving a potential shortfall of roughly $600 million.
- Critics highlight new PG&E revenue streams in SB 846, including more than $100 million annually in management fees and additional charges, as they question costs and political influence.
- State analyses show the grid meets planning standards without Diablo Canyon in most scenarios, though officials point to narrow-hour shortfalls during extreme events, including September deficits of about 1,700 megawatts.
- PG&E has asked federal regulators for license extensions that could allow operation to 2045, though the governor’s office says its focus remains on running the plant only through 2030.