FAST FIVE: Biden Allocates $1.1 Billion To Keep California's Nuclear Power Plant Operating

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The Diablo Canyon Nuclear Power Plant, south of Los Osos, Calif.

Mariant/AP Photo) Nuclear power provides half of the nation's carbon-free electricity, according to the agency.

Politicians applauded the funding that will help extend the life of the once-doomed power plant located in central California near San Luis Obispo.

“This investment creates a path forward for a limited-term extension of the Diablo Canyon Power plant to support reliability statewide and provide an onramp for ore clean energy projects to come online,” California Gov.

PG&E agreed six years ago to close the San Luis Obispo plant amid pressure from environmental groups and the local community.

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