Thursday, October 16, 2025
  • Login
Euro Times
No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology
Euro Times
No Result
View All Result

U.S. regulator rejects proposal to extend Diablo Canyon nuclear plant (NYSE:PCG)

by Euro Times
January 25, 2023
in Markets
Reading Time: 2 mins read
A A
0
Home Markets
Share on FacebookShare on Twitter


San Francisco Chronicle/Hearst Newspapers via Getty Images/Hearst Newspapers via Getty Images

The Nuclear Regulatory Commission rejected a request Tuesday from PG&E (NYSE:PCG), the operator of California’s last nuclear power plant, that could have smoothed the way to extend the operating life for its twin reactors.

PG&E (PCG) asked the NRC in October to resume consideration of an application initially submitted in 2009 to extend the life of the Diablo Canyon nuclear plant, which later was withdrawn after the company announced plans in 2016 to shutter the reactors.

Fearing possible energy blackouts, Governor Gavin Newsom and the California legislature canceled the 2016 agreement to close the plant and opened the way for PG&E (PCG) to seek a longer operating run from federal regulators.

But on Tuesday, NRC staff refused to go back in time to resume consideration of the previous license extension plan, saying “it would not be effective or efficient” to start the review without updated information on the plant’s condition.

After the rejection, PG&E (PCG) said it will submit a new application to renew its license for 20 years – the typical term – by the end of this year.

The U.S. Department of Energy said in November it would give a $1.1B grant to help PG&E keep the Diablo Canyon plant running.



Source link

Tags: CanyonDiabloextendnuclearNYSEPCGplantProposalRegulatorrejects
Previous Post

Dividend Aristocrats In Focus: V.F. Corporation

Next Post

Dow Jones Futures Fall On Weak Microsoft Guidance; Tesla Earnings On Tap

Related Posts

United Airlines (UAL) reports lower Q3 earnings, despite revenue growth

United Airlines (UAL) reports lower Q3 earnings, despite revenue growth

by Staff Correspondent
October 16, 2025
0

United Airways Holdings, Inc. (NYSE: UAL) reported blended outcomes for the third quarter of fiscal 2025 — revenues elevated YoY,...

STAAR Surgical holders should vote against sale to Alcon, ISS says (update) (STAA:NASDAQ)

STAAR Surgical holders should vote against sale to Alcon, ISS says (update) (STAA:NASDAQ)

by Joshua Fineman
October 15, 2025
0

designer491/iStock by way of Getty PhotosReplace 3:20pm: Provides additional particulars from ISS advice.STAAR Surgical (NASDAQ:STAA) holders ought to vote in...

What to look for when Hasbro (HAS) reports Q3 2025 earnings results

What to look for when Hasbro (HAS) reports Q3 2025 earnings results

by Staff Correspondent
October 14, 2025
0

Shares of Hasbro, Inc. (NASDAQ: HAS) have been up over 1% on Tuesday. The inventory has gained 31% year-to-date. The...

Citigroup earnings Q3 2025

Citigroup earnings Q3 2025

by Yun Li
October 15, 2025
0

Citi is seen on the ground of the New York Inventory Trade on March 3, 2025. NYSECitigroup posted stronger-than-expected third-quarter earnings...

Bessent tells the FT that struggling China wants ‘to pull everybody else down with them’

Bessent tells the FT that struggling China wants ‘to pull everybody else down with them’

by Jeff Cox
October 15, 2025
0

U.S. Treasury Secretary Scott Bessent speaks to the press, on the day of U.S.-China talks on commerce, financial and nationwide...

Goldman Sachs (GS) earnings Q3 2025

Goldman Sachs (GS) earnings Q3 2025

by Hugh Son
October 14, 2025
0

David Solomon, CEO Goldman Sachs, talking on CNBC's Squawk Field on April twenty second, 2025. CNBCGoldman Sachs is scheduled to...

Next Post
Dow Jones Futures Fall On Weak Microsoft Guidance; Tesla Earnings On Tap

Dow Jones Futures Fall On Weak Microsoft Guidance; Tesla Earnings On Tap

tata motors share price: Big Movers on D-St: What should investors do with Maruti Suzuki, Tata Motors and TVS Motor Company?

tata motors share price: Big Movers on D-St: What should investors do with Maruti Suzuki, Tata Motors and TVS Motor Company?

Miller Deep Value Strategy Q3 2025 Letter (NYSEARCA:MVPA)

Miller Deep Value Strategy Q3 2025 Letter (NYSEARCA:MVPA)

October 16, 2025
A week after floods, swathes of central Mexico reel from devastation

A week after floods, swathes of central Mexico reel from devastation

October 16, 2025
Every new feature for Pixel phones in Android 16 QPR2 Beta 3

Every new feature for Pixel phones in Android 16 QPR2 Beta 3

October 15, 2025
United Airlines (UAL) reports lower Q3 earnings, despite revenue growth

United Airlines (UAL) reports lower Q3 earnings, despite revenue growth

October 16, 2025
STAAR Surgical holders should vote against sale to Alcon, ISS says (update) (STAA:NASDAQ)

STAAR Surgical holders should vote against sale to Alcon, ISS says (update) (STAA:NASDAQ)

October 15, 2025
Possible Delivery of Tomahawks to Ukraine to Damage Russia-US Normalization

Possible Delivery of Tomahawks to Ukraine to Damage Russia-US Normalization

October 15, 2025
Euro Times

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Finance
  • Health
  • Investing
  • Markets
  • Politics
  • Stock Market
  • Technology
  • Uncategorized
  • World

LATEST UPDATES

Miller Deep Value Strategy Q3 2025 Letter (NYSEARCA:MVPA)

A week after floods, swathes of central Mexico reel from devastation

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Finance
  • Business
  • World
  • Politics
  • Markets
  • Stock Market
  • Cryptocurrency
  • Investing
  • Health
  • Technology

Copyright © 2022 - Euro Times.
Euro Times is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In