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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

New Jersey Utility Joins PJM from NYISO

LCG, Mar. 28, 2002--New Jersey's Bergen County, served by Rockland Electric Co., will be part of the Pennsylvania-Jersey-Maryland Interconnection, the Mid-Atlantic grid operator.

Prior to the announcement by Rockland, the utility had been part of the New York Independent System Operator market territory. The addition of Rockland is the first since Washington, DC's Potomac Electric Power joined in 1966. PJM West represents a further upcoming addition to PJM, and will cover the territory served by Allegheny Power's transmission system, including parts of Pennsylvania, Ohio, Maryland, Virginia and West Virginia. The company is a subsidiary of Allegheny Energy Inc., based in Hagerstown, Md.

Rockland's service territory supplies approximately 400 megawatts of demand, but does not represent any generation. Rockland will take part in the Basic Generation Service auction, which is intended to offer retail customers the opportunity to select alternative suppliers on a competitive basis.
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