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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

Irish Government Power Auction Begins Friday

LCG, Sept. 20, 2000An auction of electricity generated by Ireland's state-owned Electricity Supply Board will begin on Friday, according to the Irish power regulator.

Tom Reeves, Commissioner for Electricity Regulation, said it was important for the auction to proceed rapidly in order for supply contracts to be negotiated by November 1, an essential step to opening the Irish electricity market to competition.

Reeves said he had hoped to complete the auction, which was originally slated for May, by the end of this month. The process was delayed by an action in Ireland's High Court brought by EPower, a new electricity supplier, which complained that regulations favored some new power producers who are expected to bid for ESB power in order to begin selling electricity while their own plants are being built.

Reeves said allowing future suppliers to bid for ESB power was a necessary incentive for them to participate in a liberalized market.

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