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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

Ontario Announces C$7 Billion Agreement for Renewables

LCG, January 22, 2010--The Ontario government yesterday announced that it signed an agreement with a Korean consortium to invest C$7 billion to generate 2,500 MW of wind and solar power.

The consortium, led by Samsung C&T Corporation and the Korea Electric Power Corporation (KEPCO), will work with major partners to attract four manufacturing plants related to wind and solar technology for use in Ontario and export to the United States.

Dalton McGuinty, Premier of Ontario, stated, "Thanks to today's announcement, we will be delivering more green energy for Ontarians to use -- and more green energy products for North America to buy. With this step, Ontario is becoming the place to be for green energy manufacturing in North America."

McGuinty also stated, ?Above all this means that Ontario is officially the place to be for green energy manufacturing in North America? During the next several years the U.S. is going to build many many thousand of megawatts of energy from renewables. Someone is going to have to supply that technology.?

The massive new commitment toward renewable power follows revisions last year to Ontario Power Generation's (OPG) plans to close four coal-fired, power plants, with a combined generating capacity of 2,000 MW, four years ahead of schedule.
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