Amended
IN
Senate
March 25, 2019 |
Senate Bill | No. 465 |
Introduced by Senator Bates |
February 21, 2019 |
Existing law requires the Public Utilities Commission to cause an assessment to be completed by no later than July 1, 2018, conducted by an independent third party, selected as specified, of the adverse and beneficial economic impacts and net economic effects that could occur, and of potential ways for the state and local jurisdictions to mitigate the adverse economic impact, if the Diablo Canyon Units 1 and 2 powerplant were to temporarily or permanently shut down before the powerplant’s current operating licenses expire or when Pacific Gas and Electric Company (PG&E) closes
the powerplant upon the expiration of its current licenses. PG&E, under existing law, is undergoing the process of decommissioning the Diablo Canyon Units 1 and 2 powerplant to permanently shut down the powerplant before its operating licenses expire.
Existing law requires the commission to approve full funding for the community impact mitigation settlement, and for the employee retention program, proposed by PG&E in a specified application submitted to the commission related to the decommissioning of the Diablo Canyon nuclear powerplant. Existing law requires the commission to ensure that integrated resource plans avoid an increase in emissions of greenhouse gases as a result of the retirement of the powerplant.
This bill would make nonsubstantive changes to the provisions related to the funding of the mitigation settlement and retention program and to the integrated resource plans.
(a)The commission shall approve both of the following:
(1)Full funding for the community impact mitigation settlement proposed in Application 16-08-006.
(2)Full funding for the employee retention program proposed in Application 16-08-006.
(b)The commission shall ensure that integrated resource plans are designed to avoid
an increase in emissions of greenhouse gases as a result of the retirement of the Diablo Canyon Units 1 and 2 powerplant.
(c)The commission shall establish an expedited advice letter process for the approval and implementation pursuant to subdivision (a) of the community impact mitigation settlement and the employee retention program.