EnergyOnline
Services

RSS FEED

EnergyOnline.com rss

News

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.

Read more

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.

Read more

Industry News

FPL, Entergy Can't Iron Out Differences, Merger Dead

LCG, April 2, 2001Entergy Corp. and FPL Group Inc. said this morning that they are giving up on their planned $6.3 billion merger after failing to resolve differences that had arisen during transition talks between the two companies.

Both sides agreed not to seek termination fees unless either enters into a similar deal with another company in the next nine months.

Though characterized as a "merger of equals" when it was announced, that it was a takeover of Entergy by FPL was apparent from the way the new management would be structures. Entergy said its financial advisors concluded that there was insufficient premium for Entergy shareholders for that kind of deal.

Entergy also said FPL balked at creation of the decentralized corporate structure proposed in the merger agreement.

"FPL's approach is focused on owning and managing assets to create value through operations andefficiency improvement," Entergy said in a news release. "Entergy's approach emphasizes developingskills, relationships, and proprietary systems to create value around assets through superior marketknowledge and effective risk management."

FPL complained in its own statement that "a principal reason for FPL Group's decision centered on discrepancies in Entergy's financial forecasts." Entergy Chairman Robert Luft noted that Entergy has exceeded Wall Street profit estimates for 11 straight quarters.

Copyright © 2025 LCG Consulting. All rights reserved. Terms and Copyright
UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
Uniform Storage Model
A Battery Simulation Model
UPLAN-ACE
Day Ahead and Real Time Market Simulation
UPLAN-G
The Gas Procurement and Competitive Analysis System
PLATO
Database of Plants, Loads, Assets, Transmission...
CAISO CRR Auctions
Monthly Price and Congestion Forecasting Service