California approves $723M to extend Diablo Canyon nuclear plant until 2030, raising electricity bills.

California's Public Utilities Commission (CPUC) has approved a $723 million extension for the Diablo Canyon nuclear power plant, pushing back its closure to 2030 and raising PG&E customer bills by about $3.20 per month. The decision aims to ensure energy security during California's transition to renewable energy. Meanwhile, the CPUC also approved a plan to keep the Aliso Canyon gas storage facility open, pending future demand assessments, despite safety concerns and local opposition.

3 months ago
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