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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

Duke To Build Four Plants

LCG, Feb. 20, 2002--Duke Energy North America has contracted with Duke/Fluor Daniel for the construction and engineering work on four new simple-cycle, gas-fired power plants to be built in the Southeastern U.S.

The projects will each add 640 megawatts of capacity. The Enterprise Generation Station will be in Enterprise, Miss., in Clarke County; the Marshall Generation Station is sited for Calvert City, Ky.; the Sandersville Generation Station will be north of Warthen, Ga., in Washington County; the Southaven Generation Station will operate in Southaven, Miss.

Duke Energy North America is the unregulated arm of Duke Energy, and has 5,400 megawatts scheduled to be online by summer 2002, including the four just announced.
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