U.S. Grants $1.1 Billion To Keep Diablo Canyon Nuclear Plant Open
Posted on AllSides November 21st, 2022
From The Center
The Biden administration said on Monday it has approved conditional funding of up to $1.1 billion to prevent the closure of the Diablo Canyon nuclear power plant in California, as part of its effort to fight climate change.
The Pacific Gas & Electric plant, which was set to fully shut in 2025, applied for funding in the Department of Energy's (DOE) initial phase of the $6 billion Civil Nuclear Credit program meant to help keep struggling nuclear power reactors open. Diablo is the last nuclear plant in California.