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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

Proposal for New Generation on Long Island Presented to Locals

LCG, January 7, 2005--Caithness Energy and the Long Island Power Authority (LIPA) presented their plans to build a 326-MW, combined cycle generating station on Long Island to the Bellport area residents. Caithness Energy is the developer of the North Bellport Energy Center and will construct and operate the plant, and LIPA has agreed to sign a long-term contract to purchase 85 percent of the electricity generated, with the remainder sold to the wholesale market.

LIPA is acting as the lead agency for the Caithness project, as it is the primary government agency to support and approve construction and operation of the proposed generating station. The station will be located on a 96 acre site in an industrial area. Caithness plans to start construction in the spring of 2006, given approval from various agencies, including the town of Brookhaven.

The station is estimated to cost $375 million, and the gas-fired units will use oil as a back-up fuel. The plant is proposed to meet growing demands that are currently served by aging generating stations and imports, which are severely limited by transmission constraints.

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