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San Onofre Nuclear Generating Station

Edison International CEO: Could Decide by End 2013 Whether to Permanently Shut Nuclear Plant

Edison International (EIX) could decide by the end of 2013 whether or not to permanently shut down its California nuclear power plant, Edison's top executive said Tuesday.Edison's faces uncertainty and potential costs associated with the troubled San Onofre nuclear power plant, which has been shut since January 2012 due to equipment problems.The company's Southern California Edison utility, which operates the plant, has asked federal nuclear regulators for permission to restart one of the plant's reactors at partial power to determine whether it can be operated safely with adjustments.The U.S. Nuclear Regulatory Commission is still considering that request.Edison Chief Executive Ted Craver said Tuesday that it could "take time" before the company obtains approval to partially restart the nuclear unit. If the company isn't able to restart the reactor, called Unit 2, it may decide to shut down one or both nuclear units, Mr. Craver said."Without a restart of Unit 2, a decision to retire o...

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  1. Edison International 1st-Quarter Net Surges With Higher Rates

    Edison International's (EIX) first-quarter profit more than doubled as higher electricity rates and better performance from the utility's smaller wholesale-power bus...

  2. Edison International Posts 4th-Quarter Loss on Wholesale Power Unit

    Edison International (EIX) posted a smaller fourth-quarter loss as stronger results at the company's utility offset losses at its wholesale-power unit, which has bee...

  3. Edison International 3rd-Quarter Profit Down Amid Rates Delay in California

    Edison International's (EIX) third-quarter earnings slid 51% as the utility company continues to await a decision from California regulators on rate increases and lo...

  4. California Regulators Examining Troubled Nuclear Plant's Costs

    California regulators said Thursday they would decide whether utility customers should pay to fix and restart the troubled San Onofre nuclear power plant in a ruling...

  5. Southern California Edison Plans to Restart Part of San Onofre Nuclear Plant

    Southern California Edison said Thursday it plans to restart part of the troubled San Onofre nuclear power plant in California, but keep the rest of plant shut down....

  6. With Power Plant Offline, California Scrambles to Avoid Blackouts

    California officials responsible for the state's electric grid are scrambling to avoid blackouts in southern California this summer following news that a major nucle...

  7. Edison International 1Q Net Down On Loss At Wholesale Power Unit

    Edison International's (EIX) first-quarter earnings slid as losses mounted at the company's troubled wholesale-power business, where executives are working to restru...

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