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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

Pennsylvania State Attorney Finds No Manipulation by PPL

LCG, June 20, 2003--Following an investigation into the cause for price spikes in wholesale power prices in PJM Interconnection territory during 2001, Pennsylvania's attorney general, Mike Fisher, has concluded that PPL Corp.'s PPL EnergyPlus subsidiary did not engage in market manipulation.

James Donahue, chief deputy attorney general, said that a requirement by PJM that companies in the wholesale market have certain capacity available in addition to the amount of power they were selling was a reason for price increases. Many such companies that did not have as much in the way of their own generating resources as PPL were trying desperately to acquire available capacity. PPL EnergyPlus already had capacity available, and was able to sell to the smaller competitors.

A spokesman for PPL, Dan McCarthy, said company managers were "very pleased" to learn of the attorney general's findings.

The investigation was begun after the Public Utilities Commission (PUC) issued its own conclusions that PPL might have violated antitrust statutes. Although these conclusions were forwarded to the Federal Energy Regulatory Commission and the Justice Department, FERC said last year that it would not launch its own investigation, while the Justice Department has made no statement regarding the PUC's findings.

Wholesale power prices rose dramatically during the first three months of 2001 in the part of Pennsylvania under PJM, the grid operator.
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