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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

Upcoming G-8 Summit to Address Energy

LCG, May 2, 2002--The G-8 meeting of major industrialized nations will focus on energy for the first time since 1998.

The summit's discussions, to be held in Detroit, Michigan today and tomorrow, are part of President Bush's national energy plan, which he presented last year. Leaders are to discuss energy and environment-related technologies, as well as energy security and regulation.

The G-8 consists of leaders from the U.S., Japan, Canada, Russia, Germany, Italy, France, and Great Britain; the Detroit summit will bring together energy ministers from these eight countries.

U.S. Secretary of Energy Spencer Abraham has said that the leaders will talk about developing energy trading and establishing energy partnerships.

According to the Associated Press, Abraham said, "One of the things the president emphasizedis the need for us to expand our energy partnerships."
He also asserted that the U.S. will lead the way in creating new energy technology and also noted the effect of Middle East politics on oil supply.

Market reform, diesel technology, and fuel cells are among a few of the specific issues scheduled for discussion sessions.

While massive protests occurred during the Genoa G-8 meeting last July, resulting in Italian police shooting and killing a man, no demonstrations have been held as yet in Detroit. Extra police have been appointed and trained to manage potential security threats.

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