California Approves Rate Increase to Keep Diablo Canyon Nuclear Plant Operating

December 23, 2024--Researched by Industrial Info Resources (Sugar Land, Texas)--The California Public Utilities Commission has approved a $722.6 million increase in ratepayer costs to keep California's only operating nuclear power station, the Diablo Canyon Power Plant, online through 2025. The news comes with a mixed reception as consumer-advocacy groups and antinuclear organizations are not pleased, while others state that California can't meet its proposed greenhouse gas limits without the emissions-free generation that Diablo Canyon provides.