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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

Calpine Unit Sells More Power to CP&L

LCG, Nov. 16, 2000--Calpine Corp.'s recently-acquired subsidiary SkyGen Energy said yesterday it had signed a long-term agreement to sell an additional 350 megawatts of electricity to CP&L Energy Inc., an affiliate of Carolina Power & Light Co.

The additional power will come from expansion of SkyGen's Broad River Energy Center in South Carolina, which already provides CP&L with 540 megawatts under an earlier deal.

Tom D. Kilgore, president of CP&L Energy Ventures, the company's non-regulated arm, said the addition of capacity from Broad River would bolster the company's asset base in a fast-growingregion.

"The additional capacity from Broad River, coupled with the extensive generation we're building inthe Carolinas and Georgia, will help us in continuing to meet our retail customers' needs, whileopening up new opportunities for us in the competitive wholesale markets," Kilgore said.

Calpine, based in San Jose, Calif., completed its acquisition of SkyGen earlier this month.

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