Biden Finalizes $1.1 Billion in Credits to Help Keep California’s Last Nuclear Power Plant Running

Although some environmental groups oppose the extension, the Diablo Canyon Power Plant provides about 17 percent of California’s zero-carbon electricity supply.

Aerial view of the Diablo Canyon Nuclear Power Plant, which sits on the edge of the Pacific Ocean at Avila Beach in San Luis Obispo County, Calif., on March 17, 2011. Mark Ralston/AFP via Getty Images

The Diablo Canyon Power Plant in California received another financial boost from the Biden administration Jan. 17 to help the state’s last operating nuclear power plant continue operations.

The U.S. Department of Energy announced the signing of a $1.1 billion credit award and payment agreement Jan. 17 with Pacific Gas and Electric funded by President Biden’s Infrastructure Law.