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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

Newsmakers

Rafael Abati has been appointed general manager of Sempra Energy Europe Espaa, the new Madrid office of Sempra Energy Inc.'s trading subsidiary. Previously, he was with Madrid-based SKS Energy Trading, which he co-founded in 1998.

Douglas T. Hickey has been appointed a director of Plug Power Inc., a maker of fuel cells. He is chief executive and a director of Critical Path Inc., a provider of business-to-business Internet messaging services for the wireless, Internet-centric, telecommunication and corporate markets.

V. J. Horgan has returned to Dallas as president of TXU Energy Trading, a wholly-owned subsidiary of TXU Corp. She most recently was president of Aquila Merchant EnergyPartners in Kansas City.

Richard WoolworthNorthwest Natural Gas Co. He is chairman and chief executive of The Regence Group, a Western affiliation of health plans in Oregon,Washington, Idaho and Utah.

Changes at Energy East Corp.
Energy East Corp., the former New York State Electric & Gas Co., has announced changes in its management and board resulting from its mergers with CMP Group and CTG Resources.

  • David T. Flanagan, president and chief executive of CMP Group, has been named president and a director of Energy East.

  • David M. Jagger, president and treasurer of Jagger Brothers Inc. and a former CMP director, has joined the Energy East board.

  • Peter J. Moynihan, a former senior vice president and chief investment officer of Unum Corp. and previously a director of CMP, has become an Energy East director.

  • Michael W. Tomasso, vice president of Tomasso Brothers Inc. and a former CTG Resources director, is now a director of Energy East.

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