San Diego utility: No power shortage with shutdown
San Diego utility sees no summer power shortage despite closing San Onofre nuclear plant
SAN DIEGO (AP) -- A part-owner of the shuttered San Onofre nuclear power plant says it will have adequate supplies this summer despite news the plant is permanently closing.
San Diego Gas & Electric Co. said Friday that a new transmission line from California's Imperial Valley helps ensure it will have enough electricity for 3.4 million people in San Diego and southern Orange County.
The San Diego utility owns a 20 percent stake in San Onofre and has historically received 20 percent of its power from the plant.
The utility's parent company, Sempra Energy, says it will take a second-quarter charge of between $30 million and $110 million related to the shutdown. The utility has spent $107 million for replacement supplies since production at the nuclear plant was halted 16 months ago.