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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

Florida PSC Approves Energy Contract for Biomass Power Plant

LCG, February 13, 2008--The Florida Public Service Commission (FPSC) yesterday approved a second, 20-year, power purchase agreement (PPA) between Progress Energy Florida (Progress) and BG&E Florida (BG&E) for firm capacity and energy from a planned power plant that will be fueled by biomass. BG&E will operate the power plant as a Qualifying Facility ("QF") pursuant to regulations of the FPSC.

The plant electric generating capacity will be 75 MW, and the fuel will include waste wood products such as yard trimmings, tree bark and wood knots from paper mills. The project is scheduled to commence operations by June 1, 2011. BG&E will build, own and operate the facility.

The FPSC approved a PPA between Progress and BG&E for a similar biomass power plant in November of last year. Operations for this plant are scheduled to commence by January 1, 2011. The initial facility will also have a maximum generating capability 75 MW and use a gasified biomass product as its primary fuel.
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