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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

Enron to Build 1,200 Megawatt Plant Near Cadiz

LCG, July 19, 2000--Enron Corp. said yesterday that it would build a 1,200 megawatt gas-fired power plant in southwest Spain, becoming the first foreign company to enter the Spanish electric power generation market.

The first of several, the Spanish government hopes. Last month, the government said it would introduce full competition to the power generation sector by 2003, four years ahead of a previously announced schedule.

The U.S. energy company said it had received Spanish government approval to build the new facility in Arcos de la Frontera, about 20 miles inland from the port of Cadiz.

Enrons Eric Gonzales said "We believe this is a very positive move toward the liberalization of the Spanish energy market and will help Enron to consolidate its presence in Spain, as well as increase its business opportunities."

Plans call for construction to begin this autumn and commercial operation to begin in early 2003. Enrons investment in the facility will be about $445 million.

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