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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

ExxonMobil Receives Approval from FERC for Vista del Sol LNG Terminal

LCG, June 17, 2005--The Federal Energy Regulatory Commission (FERC) authorized on June 15 the construction of a liquefied natural gas (LNG) terminal and related pipeline facilities proposed by ExxonMobil Corporation's affiliates, Vista del Sol LNG Terminal LP and Vista del Sol Pipeline LP. The proposed terminal will be located along the Gulf of Mexico near Corpus Christi, Texas in San Patricio County.

The proposed terminal will be able to receive approximately 1.1 Bcf/day of LNG. After the natural gas is vaporized, a proposed 36-inch diameter pipeline, with a capacity of 1.4 Bcf/day, will deliver the gas to existing pipelines for transportation throughout the North American gas network. The LNG supplies received from outside North America will supplement domestic gas supplies.

The project is scheduled to be completed and operational in 2008.

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