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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

El Paso to Expand Southeast U.S. Gas Mainline

LCG, May 1, 2001El Paso Corp. subsidiary Southern Natural Gas Co. said this morning it had secured enough binding agreements with gas shippers to warrant an expansion of a mainline serving the U.S. Southeast.

Southern Natural said it has entered into binding long-term firm transportation agreements for 267 million cubic feet of natural gas per day, "substantially all" of which will be used to supply new natural gas-fired power plants.

The company said it is preparing a Federal Energy Regulatory Commission application for certification of a mainline expansion, which will include the construction of both pipeline looping and compression to support this natural gas demand in Alabama, Georgia, and South Carolina. The expected in-service date for the expansion is June 2003.

"Power generators are stepping up to the plate to build new power plants across the Deep South tomeet increasing electricity demand," said Jim Yardley, president of Southern Natural Gas. "They arechoosing natural gas to fuel them, and we are able to expand our existing system in a timely manner tomeet their requirements."

This expansion comes on top of two previously announced mainline expansions, as well as the new Cypress Pipeline Projects that will serve southeastern Georgia and Florida.

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