Date: May 15, 2003
Source: News Room
The Minnesota House has turned down a bill to allow Xcel Energy Inc. (NYSE: XEL) to store more nuclear waste at its Prairie Island power plant, but the energy company said it could be reconsidered. Earlier, the state Senate had voted to permit extra radioactive waste fuel to be added at the twin-reactor plant in Red Wing, Minnesota. Minneapolis-based Xcel has said it may have to shut the 1,076-megawatt power station in 2007 if it cannot store more used fuel in steel and concrete casks. The plant generates enough electricity for more than 1 million homes. The company needs to add 12 more waste storage casks to the 17 already permitted at Prairie Island.
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