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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

Gas Drilling Sites Selected Off Canadian Coast

LCG, June 16, 2003--Two companies working on a natural gas project off Nova Scotia announced today that they have selected a location for drilling to take place later this year that is 275 kilometers (approximately 171 miles) southeast of Halifax.

The companies, Canadian Superior Energy Inc. and El Paso Corp.'s Canadian subsidiary, purchased the site in November 2001, with an outlay of $15.5 million ($11.54 US) they said they would spend on exploration. Canadian Superior is also developing a deep-water site, Mayflower, that is 460 kilometers (286 miles) east of Boston.

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