Renewables

Image: Pacific Gas & Electric's Diablo Canyon plant near Avila Beach has California's last operating nuclear reactors. (Michael Mariant / Associated Press)

latimes.com - June 21st 2016 - Ivan Penn and Samantha Masunaga

One of California’s largest energy utilities took a bold step in the 21st century electricity revolution with an agreement to close its last operating nuclear plant and develop more solar, wind and other clean power technologies.

The decision announced Tuesday by Pacific Gas & Electric Co. to close its beleaguered Diablo Canyon nuclear plant within the next decade runs counter to the nuclear industry’s arguments that curbing carbon emissions and combating climate change require use of nuclear power, which generates the most electricity without harmful emissions.

Photographer - Andrew Harrer / Bloomberg

bloomberg.com - by Tara Patel - August 31, 2015

Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

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