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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

Joseph K. Conner Jr. has been appointed chief financial officer of the North American Electric Reliability Council. He previously was group controller with United Refrigeration of Philadelphia, Pa., one of the largest wholesale distributors of refrigeration, air conditioning, and heating products in the United States.

Susan T. Flanagan, heretofore director of transaction services with Price Waterhouse Coopers LLP in New York, has joined DPL Inc. as vice president for mergers and acquisitions.

Sam Henry has been promoted to vice president for risk management by Edison Mission Energy, a subsidiary of California-based Edison International Co. He most recently headed the company's power marketing, fuels, and emissions trading organization in the United States.

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