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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

Cinergy to Resume Development of 130 Megawatt Indiana Peaker

LCG, April 25, 2001--Cinergy Capital & Trading Inc., the merchant power unit of utility Cinergy Corp., said yesterday it has received approval from the Indiana Utility Regulatory Commissionfor construction of a 130 megawatt gas-fired electric peaking facility near Cadiz, northeast of Indianapolis.

The commission had halted development of the project in March 2000, but Cinergy said construction would restart "promptly" with the first units scheduled to be on line this July. Total cost of the project will be around $70 million.

Indiana regulators placed several conditions on their order. The facility must be operated only with natural gas and should be landscaped so that its appearance is similar to other non-residential facilities in the area, and Cinergy will have to make sure the plant doesn't cause any problems with its neighbors' well-water.

Cinergy said 50 megawatts of the plant's output will be sold under a 20-year contract to the Wabash Valley Power Association and the balance will be sold into the regional wholesale market.

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