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Keyword：nuclear plant life extension
California Governor Says He Will Not Push for Diablo Canyon Nuclear Plant Life Extension During His Term
California Governor Gavin Newsom said he will not push to extend the operating life of the state's only commercial nuclear power plant, Diablo Canyon, during his final months in office. This means the plant's fate after 2030 will be left at least to the next state administration to decide. Located in San Luis Obispo County, California, the Diablo Canyon nuclear plant has two units and is owned and operated by Pacific Gas and Electric Company (PG&E). Under an arrangement PG&E reached in 2016, the two units were originally scheduled for phased retirement. However, after California's high temperatures in 2022 triggered power supply strain and blackouts...
2026-08-12
US Utility Xcel Energy's Nuclear Plant Life Extension Boosts Q2 Earnings Significantly
Xcel Energy, a multi-state regulated electric and gas utility headquartered in Minneapolis, USA, achieved significant earnings growth in the second quarter, primarily driven by reduced depreciation expenses resulting from extended operating lives of its nuclear power plants. The company extended the expected operating lives of its nuclear plants to 2050 and beyond, thereby lowering quarterly depreciation costs and positively impacting its financial performance. Despite a decline in operating revenues, net income still grew by 32% to $586 million, with diluted earnings per share rising from $0.75 to $0.93. The extension of nuclear plant operating lives does not imply an immediate increase in cash flow or power generation...
2026-08-03