2022 - Senate Bill 846 (Dodd, Bill), Diablo Canyon Powerplant: Extension of Operations (Chaptered)
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Summary
Authorizes the extension of operating the Diablo Canyon Nuclear power plant (DCPP) beyond the current expiration dates (2024 for Unit 1 and 2025 for Unit 2), to up to five additional years (no later than 2029 and 2030, respectively), under specified conditions. This bill also authorizes a loan of $1.4 billion from the State to Pacific Gas & Electric (PG&E), the operator of DCPP, to facilitate the extension of the plant. This bill appropriates $600 million and requires future Legislative action for the remaining funding. This bill also provides expedited permitting to facilitate relicensing of DCPP, including: limiting State agency review of applications related to the DCPP extension to 180 days, exempting DCPP from the California Environmental Quality Act (CEQA), and explicitly authorizing collections from electric ratepayers (both customers of PG&E and those of other electricity providers) for ongoing costs. The California Energy Commission, in consultation with CARB, must develop a Clean Energy Reliability Investment Plan, due to the Legislature by March 1, 2023, that supports programs and projects that accelerate the deployment of clean energy resources, support demand response, assist ratepayers, and increase energy reliability.