Xcel Energy's Monticello nuclear plant receives 20-year extension (updated)

Xcel Energy

02/01/2025 15:54

(Adds details in paragraphs 2-3)
       Jan 2 (Reuters) - Xcel Energy  XEL.O  said on Thursday
it has received an approval from the U.S. Nuclear Regulatory
Commission to operate its Monticello Nuclear Generating plant in
Minnesota for an additional 20 years through 2050.
    The company has also received an approval from the Minnesota
Public Utilities Commission to extend operations through 2040
and said it would seek the state regulator's nod for the
additional 10 years.
    Monticello, together with Prairie Island Nuclear Generating
Plant near Minnesota, provides nearly a quarter of the
electricity Xcel Energy customers use in the Upper Midwest.

 (Reporting by Seher Dareen in Bengaluru; Editing by Shilpi
Majumdar)
 ((Seher.Dareen@thomsonreuters.com; If in India call +91 74832
70128;))