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DCPP is not going to stay open. That bridge was crossed long ago, and it's difficult to imagine a realistic scenario where the plant gets relicensed and power p
by aerostable_slug 4y ago
DCPP is not going to stay open. That bridge was crossed long ago, and it's difficult to imagine a realistic scenario where the plant gets relicensed and power purchase agreements are guaranteed such that running DCPP remains profitable even with California's renewables mandates.
Renewing a plant's license is like building a rate case (which takes years), but harder. It takes time and money and we don't have enough of either to succeed, no matter what Biden or Newsom claim. NRC could waive certain things to speed it up but they won't (nor should they).
FWIW, I live just a few miles from DCPP, have been onsite there a number of times when I worked for PG&E, and I sleep very well at night. PG&E may have screwed up in a lot of ways over the years, but DCPP is a well-run facility and it's a shame it has to close prematurely (lots of life left in that plant).
- ncmncm 4y agoCoercing elevated rates to pay for keeping it open would be a deal as bad as paying federal taxes to help prop it up. DC cannot compete on price even already built, ignoring capex.