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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

Xcel to Curtail SOx from Coal Plants

LCG, Dec. 30, 2002--Emissions of sulfur dioxide (SO2) will be cut starting in January under a program initiated by Xcel Energy and covering three coal-burning power plants it owns in the Denver area.

The investment of $211 million needed will come from rate increases extending over 15 years. A typical residential customer will pay 91 cents as a surcharge on his or her monthly bill, while business customers will pay an average of an additonal $1.85 for the program. Xcel, based in Minneapolis, is not required to make the improvements to its plants, but was allowed to do so with the approval of the Colorado state legislature in 1997.

Emissions reductions will be equivalent to a 70 percent reduction compared to uncontrolled releases from the plants, which represent a total of 1,100 megawatts of capacity. Additionally, two units at a plant will be shut down. Xcel said it plans to make even more significant reductions in Minneapolis if the state gives it the necessary approval for changes in rates.
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