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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

520 Megawatt Plant Planned for Central Virginia

LCG, Oct. 11, 2000--Independent electric generator Competitive Power Ventures Inc. said yesterday it plans to build a 520 megawatt natural gas-fired, combined-cycle power plant in central Virginia, about 25 miles southeast of Charlottesville.

The company said it has obtained an option to purchase 393 acres in Fluvanna County, Va. Both natural gas and electric transmission lines cross the property, 15 acres of which will be used for the new merchant plant.

The company said permitting for the CPV Cunningham Creek Project would take between 12 and 18 months. Construction is scheduled to begin in early 2002 with commercial operations expected to begin by the summer of 2004.

Chris Broemmelsiek, project director for Cunningham Creek, said "We have been carefully studying all aspects of this project since early this year, and we believe that we've selected a site and project design that will give the Commonwealth (of Virginia) its most environment friendly power plant ever."

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