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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

Fitchburg Gas Wants to Boost Winter Prices

LCG, Sept. 20, 2000Unitil Corp. said yesterday its Fitchburg Gas & Electric Light Co. subsidiary has asked Massachusetts regulators to approve a natural gas rate increase that would be in effect from November 1 until next April 30.

If approved, the rate hike will cost the typical householder a little more than $14 per month, Unitil said. The company said the reason for the increase is the rising cost of the natural gas commodity and that all classes of customers would be affected.

"In this period of rapidly escalating energy prices, FG&E is working hard to moderate increases inour customers' winter gas bills," said Unitil President Mike Dalton.

Unitil said gas rates are ordinarily adjusted every six months to reflect changes in the wholesale cost of the commodity. Changes are passed along to the consumer without markup, the company averred.

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