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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

Nevada Power Sells Las Vegas Plant to Reliant

LCG, Dec. 11, 2000--The Nevada Power Co. unit of Sierra Pacific Resources Corp. said this morning that it has agreed to sell its 149 megawatt Sunrise Station power plant in Las Vegas to Reliant Energy Power Generation Inc. for $106 million.

Nevada Power negotiated the right to buy energy and ancillary services from Reliant Energy Power Generation for agreed upon prices from closing until March 1, 2003, at a cost of $73 million based on time of closing. This will result in a net price for the generating plant upon closing of approximately $33 million.

In addition to the two gas-fired units at Sunrise that Nevada Power is selling to Reliant, there are three gas turbines at the site, rated at 222 megawatts. These belong to independent power producer Nevada Sun-Peak LP, and sell their output to Nevada Power under contract.

"With the sale of Sunrise Station, divestiture of our generation assets is nearly complete. The buyer is a leader in power generation and has already established a strong presence in southern Nevada," said Walter M. Higgins, chief executive officer of Sierra Pacific.

Sierra Pacific said there are no regular full-time employees at Sunrise Station.

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