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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

Ukraine Struggling to Complete Nukes

LCG, May 1, 2002-Ukraine is waiting for international assistance to close the Chernobyl plant and built replacement generation.

On Monday, the Parliamentary Assembly of the Council of Europe asked Western nations to implement the 1995 agreement to provide funding in order that Ukraine decommission the Chernobyl station and build two new reactors.

Chernobyl was shut down permanently in 2000 and the reactor was encased in a sarcophagus, which is reportedly suffering from sizeable gaps. Experts worry about radiation leaks, and Ukraine has been waiting for assistance to complete disassembly.

Two western Ukraine reactors, at Rivne and Khmelnitsky, also lay unfinished, as the European Bank of Reconstruction and Development postpones a dlrs 215 million loan.

Ukraine's government has asserted it requires dlrs 1.5 billion, while Russian specialists have said between dlrs 500 and 600 million. However, no money has been given as yet.

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