Diablo Canyon Nuclear Power Plant Loan Extension
Sector: Nuclear • Location: Avila Beach, California, United States
Source: Cal Matters
A $1.4 billion state loan was authorized to keep California's last nuclear power plant, Diablo Canyon, open until 2030, extending its operation by five years to provide energy stability during the state's transition to renewable energy. The loan was intended to be repaid by federal funds from the U.S. Department of Energy's Civil Nuclear Credit program, but there is a potential shortfall of up to
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | under financial review |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | A $1.4 billion state loan was authorized to keep California's last nuclear power plant, Diablo Canyon, open until 2030, extending its operation by five years to provide energy stability during the state's transition to renewable energy. The loan was intended to be repaid by federal funds from the U.S. Department of Energy's Civil Nuclear Credit program, but there is a potential shortfall of up to $588 million due to federal funding limits and other financial factors. PG&E projects that costs will exceed the loan amount, and alternative funding sources to cover the shortfall are uncertain or insufficient. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
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Article Published Date | Obfuscated Data |