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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

CMS Energy Drops Speculative Trading Business

LCG, June 27, 2002--The utility holding company CMS Energy Corp. is reducing the size of its energy marketing unit, eliminating 50 positions as well as all speculative energy trading.

Other parts of the marketing business unit will be sold, including an energy performance contractor, CMS Viron, and the company's stake in Centennial Pipeline LLP, which deals in refined petroleum products. Asset sales have allowed CMS to raise $2.4 billion, out of a planned $2.9 billion.

CMS' energy trading division provided $7 million of $96 million overall net operating income during the first quarter, according to the company.
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