🚀 go-pugleaf

The rumors you are hearing are coming from a recommendation from the
ratepayers advocates at the PUC that the plant be closed as   
uneconomical.  

The chances of SCE agreeing to this are quite remote.  They have an 
obligation to recover their investment and the only way to do that is
to keep the plant in operation in the end of its design life.  Unit 1 
was closed only when the PUC permitted an accelerated depreciation,
which permitted the company to recover most of its investment.  

Because of the high construction costs and the manpower to run the 
plant it's expensive (3000 people on the site to generate 2200 megawatts.)
But the plant has a pretty good operating and reliability record and
barring some massive change in regulations  or accident or literally
a deal from the PUC that Edison can't refuse the plant is going to 
be there for a long time.  

As far as the land, it's leased from the state of Calif.  At the end 
of the plant's operating life  (2015, I think) Edison is obligated
to remove the plant and return the area to its original state.  
That should be interesting as no radioactive object the size of 
Unit's 2 & 3 has ever been demolished.  

      Hope that helps,

                Scott