Big news on the nuclear energy front this week was PG&E’s announcement that they were going to shut down the two nuclear reactors at the Diablo Canyon Power Plant when its license from the Nuclear Regulatory Commission (NRC) expires in 2025 rather than seek a renewal. Initial operating licenses for the US fleet of nuclear plants are for 40 years (Diablo Canyon went online in 1985). Typical practice is to apply for a 20 year license renewal, and history has shown that getting such a renewal from the NRC is relatively straightforward.

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