Federal Approval Given to Extend Operations at Monticello Nuclear Plant

Xcel Energy’s Monticello nuclear plant has received federal approval to extend operations an additional 20 years.

The federal approval allows the plant to operate an additional 20 years, through 2050, provided the plant’s extended operation is also approved by state regulators.

According to a press release, Monticello’s continued operation will ensure that nuclear energy plays a foundational role in Xcel Energy’s transition to 100% carbon-free electricity.

Xcel Energy plans to seek approval from state regulators to match the 20-year operating license extension at the federal level.

The company has already received approval from the Minnesota Public Utilities Commission to extend operations at Monticello for the first half of this period, through 2040, and will return to the PUC to seek approval for the additional 10 years in the future.