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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

ElectriCities Warns: Slow Down on Dereg

LCG, Dec. 21, 2000--ElectriCities of North Carolina Inc., casting an eye 3,000 miles west to California's trouble electricity market, urged lawmakers in its home state yesterday to study deregulation further before doing anything rash.

ElectriCities, which represents 72 community electric systems in North Carolina, said the state legislature's Study Commission on the Future of Electric Service in North Carolina "should conduct further studies as to the actual impact of deregulation on all segments of consumers before legislation proceeds."

This is a turnaround for the agency, which previously endorsed an aggressive approach to deregulation. Times have changed, ElectriCities said, because of:

  • Problems with deregulation in California and other states.

  • A rise in wholesale prices for natural gas.

  • Insufficient study on market domination.

  • The need for public hearings to determine actual utility stranded costs.

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