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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

FERC to Reevaluate U.S. Gas Supply

LCG, October 15, 2002-On the 25th of this month, FERC will conduct a public conference on natural gas.

U.S. dependence on natural gas is growing, especially because of the large number of newly constructed natural gas-fired power plants. The Federal Energy Regulatory Commission is intent on addressing domestic and imported supply, in addition to prices and regulation.

According to FERC Chairman Patrick Wood, the current gas supplies in the U.S. will not be sufficient for the expected demand of 2012.

Another consideration is the construction of a pipeline through Canada to transport natural gas from Alaska. Companies have been considering building such a pipeline for some time; legal and financial problems have prevented the pipeline from being built.

Other issues to be discussed at the October 25 meeting include natural gas from the Gulf of Mexico and liquefied natural gas importation.

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