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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

NRG Energy Inc. Wins Contract Termination

LCG, June 3, 2003-Yesterday, a Federal judge found NRG Energy Inc.'s contract with Connecticut Light & Power Co. subject to termination.

NRG recently declared bankruptcy and as part of its reorganization, the company notified Connecticut Light & Power that it would stop providing electricity to the utility. NRG contends that its contract with CL&P cost the company $500,000 per day. However, NRG gave the utility just a few days notice of its intention to stop service.

As a result, the Federal Energy Regulatory Commission ordered NRG to continue supplying energy according to the contract until the contract could be properly examined.

Judge Prudence Carter Beatty, who is overseeing the bankruptcy proceedings, found that the contract was "burdensome to the estate," and that NRG can withdraw from its agreement.

Under FERC's order, NRG must still temporarily supply CL&P. The contract comprises 45 percent of the electricity CL&P supplies to its customers. A FERC judge could still order NRG to fulfill its contract through the end of the year. Judge Beatty noted that she would not attempt to overrule any FERC order.

NRG has been producing electricity according to the contract with CL&P for two years, and the agreement expires at the end of this year. The company contends that CL&P violated the contract last year.

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