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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

Regulators Approve DP&L Transition Plan

LCG, Sept. 22, 2000Dayton Power & Light Co. said yesterday that Ohio regulators have approved the company's plan for its transition to a competitive electricity market. The company said the plan includes a three-year freeze on generation rates and a six-year freeze on delivery charges.

The Public Utility Commission of Ohio approved the DP&L plan yesterday after a settlement agreement was reached with numerous public agencies and business, consumer and electric industry representatives.

"With today's PUCO approval, DP&L has a transition plan in place that increases our growthpotential in a competitive market," chief executive Allen Hill said yesterday. "At the same time, it provides customers with a smooth transition to a deregulated supply market."

The company's transition plan covers a period which begins this coming January 1 and ends Dec. 31, 2003. Under the plan, DP&L will reorganize to separate its generation, transmission and distribution activities. In a news release, the company ticked off several provisions of the plan.

  • DP&L will have the opportunity to recover its transition costs.

  • No caps are placed on the company's allowable rate of return.

  • The utility will be allowed to purchase or sell assets without PUCO approval or impact on transition cost recovery.

  • Residential customers will receive a 5 percent rate discount that will stay in effect for three years.

  • Transmission and distribution charges will remain fixed for six years.

  • Customers will be able to seek savings from alternative providers of generation or receive guaranteed fixed prices from DP&L.

  • The utility will spend $1 million on customer information programs.

  • DP&L will invest an unspecified amount in low-income and energy efficiency programs.

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