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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

Dominion Buys 550 Megawatt Pennsylvania Project

LCG, Nov. 22. 2000--Dominion Resources Inc. said this morning that it had purchased the rights to a 550 megawatt power project under development in an industrial park in the town of Falls, Pa., across the Delaware River from Trenton, N.J.

The Fairless Works Energy Center will operate as a merchant power plant, selling electricity into the regional wholesale markets. Development was begun by SWEC LLC, from whom Dominion resources bought the project for an undisclosed sum.

Thomas E. Capps, chief executive of Dominion Resources, said the acquisition "is a very attractive fit from all points of view." He said the deal was consistent with local and Pennsylvania state objectives "and also advances Dominion's energy supply objectives in the Northeast, Midwest and Mid-Atlantic regions of the U.S."

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