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Diablo Canyon nuclear plant can withstand earthquakes, PG&E says

Sep. 10, 2014 4:59 PM ETPG&E Corporation (PCG) StockPCGBy: Carl Surran, SA News Editor
  • Pacific Gas and Electric (NYSE:PCG) says extensive scientific research done on the area surrounding the Diablo Canyon nuclear power plant has found the facility is safe in the event of an earthquake.
  • "Diablo Canyon is seismically safe," says PG&E's chief nuclear officer, adding that the studies are "unprecedented and unlike anything that has been done at any other nuclear power plant in the nation and likely the world."
  • The study will be peer-reviewed by two independent scientific panels, one appointed by the California Public Utilities Commission and the other appointed by the federal NRC, in a process that is expected to be complete in 2015.

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