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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

Duke, Williams to Buy Rival Pipeline Project

LCG, Nov. 20, 2000--Subsidiaries of Duke energy Corp. and The Williams Cos. said Friday that planned to purchase the Gulfstream Natural Gas System project from The Coastal Corp. and would scrap plans of their own for the Buccaneer pipeline project.

The two projects are almost identical, bringing natural gas from Alabama, about 750 miles across the Gulf of Mexico, to the Tampa, Fla. area. Gulfstream is about a year ahead of Buccaneer in development and has lined up 10 customers to serve when it becomes operational in 2002.

The sale by Coastal is a requirement of the company's merger with El Paso Energy Corp., set by the Federal Trade Commission. David A. Arledge, chairman and chief executive of Coastal called the sale a "significant step forward" in completing the merger.

"Until the merger is complete, Coastal will continue to develop and market Gulfstream, will ensurethat the project moves forward as scheduled and will remain fully committed to its many stakeholders in Florida," Arledge said.

Cuba Wadlington Jr., president and chief executive of Williams' gas pipeline group, said "We have recognized for some time that the market will support only one new pipeline into the State of Florida. The market will now be able to clearly see a single, viable competing pipeline into the state."

Florida observers agreed. "The conventional thinking from most of the experts was that only one of the pipelines would be approved," said Mark Ferrulo, director of the public interest advocacy organization, the Florida Public Interest Research Group. "The market wouldn't have supported both of the projects."

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