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Peak Energy Announces First Grid-Scale, Sodium-Ion Battery Energy Storage System in the U.S.

LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.

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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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Industry News

Alliant To Build Plant in Iowa

LCG, Feb. 5, 2002--The subsidiary of Alliant Energy Corp., Interstate Power and Light (IP&L) will apply to the Iowa Public Utilities Board to construct a 500-megawat, natural gas-fired plant.

The utility's decision to construct the plant followed a call in November for proposals by independent power companies, but none were submitted. Proposals may still be submitted for five weeks past the Friday, Feb. 8 deadline.

IP&L's plans are based on what the company president, Eliot Protsch, sees as IP&L's obligation to serve Iowa customers. He acknowledged that "increased uncertainties" may have been responsible for the lack of response to the original proposal.

The site for the plant has not been selected yet, but it will likely be brought into operation in 2003 and 2004 in separate stages.
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