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TVA Presents Third Quarter Fiscal Year 2025 Financial Results

LCG, July 29, 2025--The Tennessee Valley Authority (TVA) today reported third quarter fiscal year 2025 financial results, including $9.8 billion in total operating revenues on 121 billion kilowatt-hours of electricity sales for the nine months ending June 30, 2025. TVA reported total operating revenues had increased 11 percent over the same period last year, primarily due to higher rates and sales. TVA presented that sales of electricity increased 3 percent compared to the same period last year, primarily due to higher sales to residential and small customers, as well as increases within the data processing, hosting, and related services sector.

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DOE Announces Site Selection for Energy Infrastructure and AI Data Centers on Federal Lands

LCG, July 24, 2025--The U.S. Department of Energy (DOE) today announced the next steps in the Trump administration’s plan to accelerate the development of AI infrastructure by using Federal lands to lower energy costs and help power the global AI race, as previously outlined in President Trump’s Executive Orders on Accelerating Federal Permitting of Data Center Infrastructure, Deploying Advanced Nuclear Reactor Technologies for National Security, and Unleashing American Energy.

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Industry News

Susquehanna 2 Back On-line After Lengthy Refueling

LCG, April 24, 2001Unit 2 of the Susquehanna nuclear power plant owned by PPL Corp. near Berwick, Pa. was returned to service Sunday after a 43-day refueling outage, the company said yesterday.

While the unit was down, workers replaced about 40 percent of its uranium fuel in 300 bundles of rods. About an eighth of the reactors control rods were also replaced. Control rods are made of a material that absorbs neutrons when inserted into bundles of fuel rods where a nuclear reaction is taking place, they capture neutrons that would otherwise continue to split atoms of fuel, thus controlling or shutting down the reaction.

New steam turbines, which will replace units that have been in operation since the early 1980s, will be installed in Units 1 and 2 in the spring of 2003 and 2004 during refueling outages at the plant, adding 100 megawatts to the total output of the 2,200 megawatt plant.
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