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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

Oklahoma Deregulation Delay Dead for Year

LCG, March 13, 2001A measure that would have delayed the introduction of a competitive electricity market in Oklahoma from July 1, 2002 to no sooner that Jan. 1, 2004, is dead for this year, according to its author, Democrat state Rep. Larry Price.

Rice said yesterday he had returned his bill to the Oklahoma House Utility Regulation Committee after a 50-46 floor vote for an amendment that was attached to give the state Corporation Commission the authority to pass deregulation rules and orders without prior legislative consent.

"Fundamentally, I just couldn't accept that amendment," Rice said, pointing out that the issue was whether electric restructuring was the province of the legislature of the Corporation Commission.

The move to delay electric industry restructuring in Oklahoma was a response to the post-deregulation problems in California. As it is, restructuring will begin July 1, 2002, and with it an electric rate freeze will be lifted.

Rural, residential and small commercial customers have felt they will fare better if the legislature is in control of deregulation, which industrial and large commercial customers prefer to let the regulators handle it..

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