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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

New President of California PUC Appointed

LCG, Dec. 31, 2002--Commissioner Michael Peevey was appointed by California Gov. Gray Davis as his choice to replace the current President of the California Public Utilities Commission, Loretta Lynch, according to spokesman Steve Maviglio.

In addition, Davis' Cabinet Secretary, Susan Kennedy, was named to the board, and would take the place of Henry Duque, who is scheduled to vacate his seat. With Duque's departure, Davis will have appointed all five members of the Commission board.

Peevey is formerly a president of Edison International and executive at Southern California Edison. He was also chief executive at TruePricing Inc., which used technology to track energy usage for large business customers and government institutions, from 1995 to 2000.

Legislators will need to vote on Davis' appointments, after the state's Senate members return to Sacramento on Jan. 6. It is not known yet when the appointments will be voted upon.
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