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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

Enel's 200-MW Goodwell Wind Project Now Delivering Power to Oklahoma

LCG, December 11, 2015--Enel Green Power (EGP) announced Wednesday that its 200-MW Goodwell Wind Project, located in the panhandle of Oklahoma, is now operational. The electricity generated by the wind farm will be bought under a 20-year power purchase agreement (PPA) by Public Service Company of Oklahoma (PSO), a subsidiary of American Electric Power (AEP).

The construction of Goodwell Wind Project, which is owned by Goodwell Wind Project, LLC, a subsidiary of Enel Green Power North America, Inc. (EGPNA), is the result of a total investment of approximately $310 million. In July 2014, EGPNA signed a capital contribution agreement with a consortium led by J.P. Morgan to secure partial financing for the project.

EGP's CEO and general manager stated, "Oklahoma is one of the best places in the world for wind resources. The Goodwell facility is the fifth wind farm that EGP has brought into operation since entering the Oklahoma market in 2012. The project underscores EGP's ongoing investment in the state and in the U.S. renewable energy market."

The project was initially developed by Chermac Energy. Tradewind Energy acquired the project in August 2013 and completed all advanced development, including negotiating the PPA with AEP.
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