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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

CA ISO Declares Alert, Low Electricity

LCG, May 31, 2002--On Thursday, the CaliforniaIndependent System Operator (ISO) said thatelectric capacity is low since electricity had been sent out-of-state.

The ISO declared the lowest level of alert, thefirst issuance in 9 months, because electricity wassent to the Southwest. Thursday saw a heat wave hitNevada, Arizona, and New Mexico, while two largenuclear plants in California were off-line andtransmission on a north-south line was disturbed.

During the energy crisis such issuances happeneddaily, and the ISO believes that rolling blackoutsprobably will not be necessary this summer. The alertonly applied to Thursday.

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