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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

NRG Takes 50 Percent Interest In Conoco Power Project

LCG, Nov. 27, 2000--Conoco Global Power, a power plant developer subsidiary of oil company Conoco Inc., said this morning that NRG Energy Inc. would take a 50 percent interest in a Texas cogeneration plant under development.

NRG will buy into Conoco's 420 megawatt natural gas-fueled SRW Cogeneration project now under construction at the Sabine River Works pertrochemical facility owned by DuPont Co. near Orange, Texas.

Alan Williams, a vice president of NRG South Central Generating, said "The Sabine River Works project offers us an opportunity to diversify into gas-fired generation, the most efficient power generation available."

Electricity and all the steam generated by the power plant will be sold to the DuPont SabineRiver Works plant. Electricity also will be sold to PG&E Energy Trading - Power, a subsidiaryof PG&E National Energy Group. Additional electricity will be sold on the regional wholesale market.

Bechtel Energy Corp. is about halfway through building the cogenerator, according to Conoco, and the facility should begin commercial operation next summer.

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