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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

Hole Found in the Ohio Nuke

LCG, March 12, 2002-Federal inspectors were surprised to find a hole in an Ohio nuclear plant reactor cap. The hole has been plugged with a non-corroding layer and is no threat to public safety.

Very low concentrations of boric acid produced during nuclear fission ate away at the substantial protective cap that shields the reactor vessel. The hole was found during routine maintenance after similar corrosion was found in control rod nozzles, five of which were cracked.

Plant operator FirstEnergy says that the hole is unusual and unexpected but would have posed little hazard if it had penetrated the entire cap. Radioactive steam would have escaped into the reactor containment building, and even if the steam made its way outside of the building it would reportedly have little effect upon the public. No speculation was made regarding the effects of corrosion on other parts of the nuclear reactor, but FirstEnergy intends to replace the reactor head in 2004.

The plant, located near Lake Erie about 25 miles from Toledo, will remain shut down for at least a month.

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