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

Berlin Approves Split Ownership for City Utility

LCG, April 30, 2001The German city of Berlin on Friday approved a compromise negotiated between U.S. power company Mirant Corp., the former Southern Energy, and the utility of Hamburg, HEW, for the divided ownership of Berlin's electric utility Bewag.

The Berlin senate said in a statement that Mayor Eberhard Diepgen, with his finance and economics senators, had successfully led discussions ending a nine-month impasse. "The conditions for the senate's approval were fulfilled through today's agreement," Diepgen said in the statement.

The deal also lays the foundation for creation of a fourth major German utility. Eon, Germany's second-largest utility, had owned 49 percent of Bewag, but had to sell that stake to comply with European Commission conditions on the Veba-Viag merger which created Eon last year.

Mirant, Swedish utility Vattenfall which is majority owner of HEW, East German power plant operator Veag, Bewag and coal mining firm Laubag are now expected to form a new utility with sufficient heft to rival Eon, the Berlin statement said.

Mirant said in a statement of its own that it was ready to work with HEW and Vattenfall to create a new company. "Mirant and HEW/Vattenfall, through their joint leadership of Bewag, have a basis from which to form the new fourth power," Mirant's head of European operations Barney Rush said. "Bewag will play a significant role in this undertaking."

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