Renewable energy closes American nuclear plants

June 30th, 2016, Published in Articles: Energize

 

Nuclear Energy Insider reports that California’s Pacific Gas and Electric Company (PG&E) has decided to shut down its Diablo Canyon nuclear power plant by 2025 and increase investments in renewable energy and storage projects. Rising solar and wind capacity in California, and the State government’s plan to increase the renewable portfolio standard to 50% by 2030 and double energy efficiency goals, has increased the challenge of managing surplus generation and intermittency conditions, PG&E said. Unit 1 is due to shut down in November 2024 and unit 2 will close in August 2025. The San Francisco-based utility has set a target of 55% renewable energy by 2031. Meanwhile, Nebraska’s Fort Calhoun nuclear power plant will cease nuclear operations by the end of 2016 and begin the decommissioning process. Low gas prices and the absence of support for nuclear in the US government’s proposed “Clean Power Plan” are said to be major drivers behind the decision.

Contact Robin Sayles, FCBI Energy, rsayles@fc-bi.com

 

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