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Minnesota PUC Approves Operations Extension for Xcel Energy's Prairie Island Nuclear Plant

LCG, August 15, 2025--Xcel Energy announced that the company received state approval yesterday from the Minnesota Public Utilities Commission to extend operations of the Prairie Island nuclear plant through the early 2050s. Prairie Island has two units that have a combined generating capacity of 1,100 MW. The units’ current operating licenses expire in 2033 and 2034.

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PGE Announces Addition of 475 MW of Battery Energy Storage Systems to Improve Grid Reliability and Costs

LCG, August 7, 2025--Portland General Electric (PGE) today announced the completion of three, four-hour lithium-ion utility-scale battery energy storage systems (BESS) in Oregon, adding 475 MW and more than 1.9 GWh of dispatchable capacity to serve the Portland metro area. Each of these BESS facilities can deliver power during peak demand or when other electric generating facilities are limited, which improves system flexibility, reliability and costs.

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Industry News

PNM to Sell Wholesale Power to Navopache Co-op

LCG, July 11, 2000--Public Service Co. of New Mexico said yesterday it has begun providing more than 50 megawatts of power to Navopache Electric Cooperative under a long-term wholesale contract.

Navopache, which serves more than 25,000 members in rural Arizona and New Mexico, had beena member of Plains Electric Generation and Transmission Cooperative but decided to switch to PNM when Plains merged with Tri-State Generation and Transmission Association July 1.

According to PNM, the 10-year contract with the co-op is expected to increase PNM power sales by about 300,000 megawatt-hours annually, generating an additional $12 million a year in revenues. The utility sold more than 11 million megawatt-hours of wholesale power last year, a 27 percent gain over 1998.

For Navopache, the co-ops chief executive Vernon Hollimon said "Our challenge was to help our members save money, and I think we've successfully done that by choosing to get our power from PNM."

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