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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

SRP Expands Plans for New Solar Energy to 1,000 MW by 2025

LCG, November 20, 2018--Salt River Project (SRP) recently announced plans to add 1,000 MW of new utility-scale solar energy to its system by the end of fiscal year 2025. The new plan will accelerate the pace and increase the total capacity of SRP's solar energy resource plans by 700 MW relative to the current resource plans during the same timeframe. The new plan is driven by decreasing costs for solar power and customer's growing interest in solar energy.

SRP plans to add approximately 200 MW of new solar annually through 2025. The incremental installation will provide both the ability to evaluate the impact to the reliability of SRP's electrical grid and valuable operational experience. By the end of fiscal year 2025, SRP will have a total of over 1,200 MW of solar energy capacity and will be considering the installation of more battery capacity to complement the solar energy.

SRP's CEO and General Manager stated, "This proposal represents a growing commitment to sustainability that is both reliable and affordable. It focuses on investments in utility-scale solar projects that have higher solar capture efficiencies and therefore provide optimal value for our customers."

SRP plans to evaluate programs to allocate the new solar capacity to various customer groups, including community solar for residential customers.

"Over the past several months, we have had discussions with residential customers and many of our larger commercial, industrial and municipal customers regarding their needs for sustainable resources. Several customers have asked us to work with them on providing resource options that help them achieve their goals," said SRP's CEO. "This proposal is a foundational part of providing programs that bring increased value to our customers while partnering with them to achieve mutually desired renewable energy goals."
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