Reports look into the economics of keeping Diablo Canyon open

[Marlin]

Reports look into the economics of keeping Diablo Canyon open

https://www.ans.org/news/2026-05-12/article-8023/reports-look-into-the-economics-of-keeping-diablo-canyon-open/

[News Wire]

Two recent reports analyze the financial implications of extending operations at the Diablo Canyon nuclear power plant through 2030 and beyond. These studies evaluate long-term cost savings and the specific structure of the state-backed loan supporting the facility. The findings provide data on the economic viability of maintaining the site as California transitions its energy grid.

Originally scheduled for shutdown in 2025, Diablo Canyon nuclear power plant was given at least a few more years of life when in 2022, California lawmakers approved an extension of operations into 2030. The Avila Beach, Calif., plant already has the OK from the Nuclear Regulatory Commission to operate into 2044 and 2045 after the two reactors'...

So what does extending operations at Diablo Canyon look like from an economic standpoint in the short and long term? Two separate reports published in April investigated different aspects of the plant's economics, with one looking into potential cost savings over the next 20 years, while another looked at the structure of the loan that was part of Diablo Canyon's five-year extension.

Read the full article at ans.org:
https://www.ans.org/news/2026-05-12/article-8023/reports-look-into-the-economics-of-keeping-diablo-canyon-open/