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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

California Water Prospects Not Too Dismal

LCG, October 1, 2002-The California Department of Water Resources is projecting that water supplies are adequate and that there is a possibility of above-average precipitation this winter.

Adequate water supplies are good news for Californians, especially the drought-ridden residents of Southern California, but increased rainfall this next rain year would ensure that the state's hydroelectric plants will be able to continue to supply significant electricity capacity.

Limited precipitation in recent years may have contributed to the energy crisis of 2000/2001 in that hydroelectric dams could not supply as much capacity to the state.

DWR officials are unable to say for certain whether or not this new rain year, which begins October 1, will bring more rain than the last two dry years did. However, experts do say that there is a significant chance of above-average rainfall. The possibility of an El Nino event is limited but not at all out of the question.

Precipitation in 2001 and 2002 was less than normal, and in Southern California, some areas have just experienced their driest year on record.

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