Diablo Canyon

11 statements across 2 episodes · 6 bullish · 4 bearish · 3 people on the record · first statement Sep 9, 2024 by Brad Gerstner · across every show →

Everything said about Diablo Canyon, oldest first

Sep 9, 2024 positive
Assertion Partly supported
Gerstner: Diablo Canyon produces ~9% of California's energy at 6¢/kWh
“It cost sixteen billion dollars to build both reactors. It went online in 1985. It's the state's single largest power station. It generates about eight to nine percent of total energy, about 20% of all the renewable energy in the state, at a cost of about six …”
Brad Gerstner Sep 9, 2024 ▶ 4:33 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 positive
Assertion Partly supported
Gurley: Diablo Canyon's inflation-adjusted cost is half that of Plant Vogtle
“In the mid eighties dollars, the plant was built for 5.5 billion. So right around 2.4. Yeah. Unfortunately, in today's dollars, that's 6.4. But 6.4 is still half of 13, which is Vogel.”
Bill Gurley Sep 9, 2024 ▶ 1:01:51 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 positive
Assertion Supported
Zawalick: PG&E Applied for 20-Year NRC License Renewal for Diablo Canyon
“Unit one's current license expires November second of 2024. And it'll be really interesting to look at what's going on November third and fourth with our grid had we taken unit one off. So we're right there, right? unit two's current license expires in August…”
Maureen Zawalnik Sep 9, 2024 ▶ 9:00 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 positive
Assertion Supported
Gerstner: Diablo Canyon operates two reactors generating 2.5 gigawatts
“We're sitting in you know, probably your three wood distance from two nuclear reactors that are banging out two and a half gigs of clean power.”
Brad Gerstner Sep 9, 2024 ▶ 0:39 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 negative
Assertion Open · timeframe Sep 2029
Gerstner: Decommissioning Diablo Canyon causes California to import more coal power
“Ironically, right, if you decommission Diablo, you know what the state does? It imports more coal-produced power.”
Brad Gerstner Sep 9, 2024 ▶ 1:12:29 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 negative
Opinion
Zawalick: Decommissioning Diablo Canyon Is 'Utter Madness'
“So it would be utter madness and scientifically wrong. and I say that from 35 years in the industry as a nuclear engineer with confidence.”
Maureen Zawalnik Sep 9, 2024 ▶ 11:23 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 bullish
Opinion
Gerstner: California Should Build AI Data Centers at Diablo Canyon
“If we're going to build data centers in the state of California, as I was walking around here today, I was thinking to myself, they ought to be building data centers right here. You have plenty of excess land. And plugging them into these incredible, you know,…”
Brad Gerstner Sep 9, 2024 ▶ 15:21 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 bearish
Opinion
Zawalick: California renewable projects failed to match replacement expectations for Diablo
“This, the projects to replace, the renewable projects to replace Diablo have not made the progress that I think the state thought it would back in 2015, 20 16.”
Maureen Zawalnik Sep 9, 2024 ▶ 7:35 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 neutral
Assertion Supported
Gerstner: Diablo Canyon Was Originally Provisioned for Six Reactors
“They built two nuclear reactors here. You know, this site was provisioned for six. For six reactors.”
Brad Gerstner Sep 9, 2024 ▶ 1:01:22 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Sep 9, 2024 positive
Assertion Supported
Zawalick: Diablo Canyon Operates at a 90%+ Capacity Factor
“Nuclear's capacity factors, you said efficient, you know, their capacity factors, Diablo's, you know, upwards of 90%, right? And, ah, we have had our units run at 93, 94%. You can't mess with those numbers. We're available 24 seven, 365 days a year, rain or sh…”
Maureen Zawalnik Sep 9, 2024 ▶ 10:19 Ep15: Inside Diablo Canyon Nuclear Power Plant | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
Jan 11, 2025 negative
Assertion Partly supported
Gerstner: Newsom has not signed Diablo Canyon extension past 2029
“Gavin Newsom still has not signed the extension for Diablo Canyon beyond 2029. It's insane. We have to make that happen this year. It's 10% of California's green, clean power.”
Brad Gerstner Jan 11, 2025 ▶ 41:08 Market Predictions, Rates & Inflation, DOGE, CES, AI Compute | BG2 w/ Bill Gurley & Brad Gerstner · Bg2 Pod
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