Xcel Energy has received the necessary approval from the Minnesota Public Utilities Commission to extend operations of the Monticello Nuclear Generating Plant through 2040, a major step toward continuing to provide reliable, carbon-free energy for more than 500,000 customers across the Upper Midwest while meeting the state’s carbon reduction goals.

The Minnesota Public Utilities Commission approved Xcel Energy’s application to allow increased storage of spent nuclear fuel at the site, opening the door for at least ten more years of operation. 

“We thank the Commission, Minnesota Department of Commerce and other stakeholders for their careful review and recognition of the importance of the Monticello nuclear plant to our shared clean energy goals,” said Chris Clark, president, Xcel Energy – Minnesota, North Dakota, and South Dakota. “Nuclear power is crucial to achieving those goals because of its unique combination of reliability, affordability, and zero emissions.