PCG - PG&E sued in bid to force closure of Diablo Canyon nuclear plant

2023-04-12 10:57:50 ET

PG&E ( NYSE: PCG ) was sued Tuesday by an environmental group in an attempt to block it from seeking an extension of federal licenses to run the Diablo Canyon nuclear power plant in California.

Friends of the Earth said it filed a complaint seeking an order that would stop PG&E ( PCG ) from violating a 2016 agreement in which the utility company promised to shut Diablo Canyon once its licenses run out by 2025.

PG&E ( PCG ) is "seeking the keys to continue operating its outdated nuclear power plant, situated near three dangerous seismic faults, for an indefinite period of time," Friends of the Earth said in its complaint.

Last month , the Nuclear Regulatory Commission approved PG&E's ( PCG ) exemption request to allow continued operations at the Diablo Canyon nuclear plant to ensure California's electricity reliability .

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