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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

Nuclear Power Project Looks Dead

LCG, Oct. 2, 2000Taiwan's economics minister has recommended that construction be halted on the controversial $5.43 billion, two-unit, 2,700 megawatt nuclear power project that would be the island's fourth nuclear plant, Taipei newspapers reported yesterday.

Lin Hsin-yi said, in delivering his long-awaited report to the cabinet, that he believed alternative sources of electric supply could be found. Officials at Taiwan Power, the government-owned electric utility, said that the minister's recommendation could prove fatal to the project.

Chen Shui-bian, president of the Republic of China, had promised shortly before he was elected last March that he would oppose the nuclear project. But Tang Fei, the premier who is subordinate to Chen, has said he might step down if the plant is scrapped. Legislators could also save the project.

Yu Sheng-hsiung, nuclear communications director of Taiwan Power, said killing the project would cost the company an additional $960 million on top of the $1.6 billion already spent. There is also the matter of a $1.8 billion contract with General Electric Co. of the U.S. for the two reactors.

The nuclear project has suffered intense opposition from environmental organizations which have stirred fears among island residents of the catastrophic effects of a serious accident..

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