EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

NRG Buys 2 Connecticut Plants from Wisconsin Energy

LCG, Dec. 28, 2000--NRG Energy Inc. said yesterday it has agreed to acquire the Bridgeport and New Haven Harbor power plants in Connecticut from Wisconsin Energy Corp. for $325 million, subject to customary purchase price adjustments.

The two plants had earlier been acquired from United Illuminating Co. by Wisconsin Energy. Bridgeport is a 660 megawatt oil-fired steam turbine plant and has an additional 19 megawatts of combustion turbine capacity. New Haven Harbor is a 431 megawatt oil-fired steam turbine plant.

David H. Peterson, chief executive of NRG, said the acquisition will be immediately accretive to earnings. "Acquiring these generating facilities is consistent with NRG's strategy of developing and maintaining a top-three position in the Northeast," he said.

Richard A. Abdoo, chief executive of Wisconsin Energy, said "We are focusing on our core competencies of international manufacturing, electric generation and electric and natural gas distribution in the Midwest. And while we are impressed with the quality of these facilities because of their fuel flexibility and skilled workforce, we have decided to monetize the value of these assets to benefit our shareholders."

The transaction, subject to approvals from the Federal Trade Commission and the Federal EnergyRegulatory Commission, is expected to close during the first half of next year.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service