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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

Texas Solar Project Sold to CIP

LCG, July 31, 2020—An affiliate of Copenhagen Infrastructure Partners has completed purchase of a 350 MW solar photovoltaic project near the Houston metro area from Solar Plus Development Inc. and Avondale Solar. The project, Fighting Jays Solar, was sold July 22 and is expected to break ground by summer 2022, according to the companies' press release.

Earlier in the month, Shell Energy North America entered into a long-term hedge agreement with the project to purchase power.

The day after the sale was complete, Copenhagen Infrastructure Partners issued a Notice to Proceed to Centerpoint Energy to start construction on a substation that will permit interconnection with ERCOT.

The sale was initially announced in March. At that time the project was slated to be 440 MW and to break ground in 2020. Financial details have not been released.

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LCG Consulting of Los Altos, California was commissioned by Rohit Ogra, Co-Founder of AP Solar, to perform an economic analysis to assess the plant performance and congestion risks using LCG’s proprietary UPLAN Network Power Model and PLATO data model for ERCOT.

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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service