Prairie Island Upgrade Under Discussion

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A plan to upgrade the Prairie Island nuclear power facility has been stopped by Xcel Energy Inc. on Friday until the project in reassessed.

Forecasts of lower energy demands and the lower than expected cost of natural gas lead Xcel to have the project reevaluated by the state Public Utilities Commission.

The Pioneer Press reported that the benefit of the upgrade to customers has decreased from the originally proposed 164 megawatts of added capacity to 135 megawatts.

"The reason we are asking the question now is that we're at the point that if we were to continue, we would have to ramp up our spending," Laura McCarten, a vice president for Xcel's Minnesota regional operation, told the Startribune.

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This page contains a single entry by brann038 published on April 1, 2012 3:34 PM.

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