By Michael Dabaie

Edison International (EIX) said the California Coastal Commission approved a development permit for the San Onofre Nuclear Generating Station, clearing the way for dismantlement of plant structures and decontamination of the site.

The approval allows Edison International's Southern California Edison to move forward with removing above-grade structures on the site, such as the twin containment domes. The company said it anticipates beginning major decommissioning work in 2020.

SONGS Decommissioning Solutions is the general contractor, Edison said. The $4.4 billion nuclear plant decommissioning is financed through existing trust funds, including SCE's share of the project as majority owner. The total cost includes the dismantlement work awarded to SONGS, on-site storage of San Onofre's spent nuclear fuel and restoration activities, Edison said.

Write to Michael Dabaie at michael.dabaie@wsj.com

(END) Dow Jones Newswires

October 18, 2019 14:44 ET (18:44 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.
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