Victorville may sell power plant to Chinese
VICTORVILLE, CALIFORNIA - The city of Victorville owes $126 million for a stalled power plant it hoped to build and now wants to recoup some money by selling the plant to a Chinese government-owned power company.
The city has tried unsuccessfully to sell off the plant's turbines to Venezuela. The Chinese company has indicated it may buy the whole plant.
Mayor Rudy Cabriales signed an agreement with turbine builder General Electric giving the city until April 16 to seal the deal. That deadline would have to be extended if China Huadian Corp. decides to pursue the purchase.
Signing over the plant means the city would lose an estimated $100 million it had invested into the venture, including land acquisition, permitting, equipment and more.
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Germany shuts down its last three nuclear power plants
BERLIN - Germany is no longer producing any electricity from nuclear power plants.
Closures of the Emsland, Isar II, and Neckarwestheim II nuclear plants in Germany were expected. The country announced plans to phase out nuclear power in 2011. However, in the fall of 2022, with the Ukraine war constraining access to energy, especially in Europe, Germany decided to keep these existing nuclear reactors operating for an additional few months to bolster supplies.
“This was a highly anticipated action. The German government extended the lifetimes of these plants for a few months but never planned beyond that,” David Victor, a professor of…
