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The move could extend the operating life of the state’s last remaining nuclear power plant, the Diablo Canyon facility owned by PG&E (NYSE:PCG) Corp.
A spokesperson for Newsom did not immediately respond to a request for comment.
“We would be remiss not to put that on the table as an option,” Newsom told the Los Angeles Times Editorial Board on Thursday, according to the report.
He was speaking about the Biden administration’s $6 billion program, unveiled this month, to help nuclear power plants stay open. Applications for the first round of funding must be submitted by May 19.
Diablo Canyon’s reactors are scheduled to shut down in 2024 and 2025. PG&E officials were not immediately available for comment.
