Xcel Energy Secures 20-Year License Extension For Monticello Nuclear Plant, Boosting Clean Energy Goals - Xcel Energy (NASDAQ:XEL)

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Federal regulators allow Xcel to keep operating Monticello nuclear plant through 2050

The federal government has given Xcel Energy permission to continue operating its nuclear power plant in Monticello for another two decades. On Monday, the U.S. Nuclear Regulatory Commission renewed the 53-year-old plant’s operating license, allowing it to keep generating power through Sept. 8, 2050. The plant is located about 40 miles northwest of Minneapolis, on the Mississippi River. Xcel has said continuing to operate its two Minnesota nucle…

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Monticello nuclear plant gets federal approval to keep operating until 2050

The Monticello plant produces enough energy to power more than half a million homes in the Upper Midwest.

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A study to extend the operation of the Krk nuclear power plant to 80 years will begin these days.

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Xcel Energy Secures 20-Year License Extension For Monticello Nuclear Plant, Boosting Clean Energy Goals - Xcel Energy (NASDAQ:XEL)

On Thursday, Xcel Energy Inc. (NASDAQ:XEL) announced that it will extend the operation of its Monticello Nuclear Generating Plant, following a recent license renewal by the U.S. Nuclear Regulatory Commission. The federal approval allows the plant to continue operating for an additional 20 years, until 2050, subject to approval by state regulators. This extension is pivotal to Xcel Energy’s goal of achieving 100% carbon-free electricity by reinfo…

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Feds clear Monticello nuclear plant to operate through 2050

The Monticello nuclear power plant gained federal clearance to operate through 2050 — pending approval from state regulators — extending the life of one of two such facilities in Minnesota.

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Xcel Energy Inc. (NASDAQ:XEL) Declares $0.55 Quarterly Dividend

Xcel Energy Inc. (NASDAQ:XEL – Get Free Report) announced a quarterly dividend on Wednesday, December 18th,RTT News reports. Investors of record on Monday, January 6th will be paid a dividend of 0.5475 per share on Wednesday, January 29th. This represents a $2.19 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date […]