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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

Calpine Construction at Alabama Site Slows Down

LCG, June 27, 2002--Based upon developer Calpine Corporation's interest in increasing investor confidence, it has slowed the pace of construction at the Hillabee Enegy Center, in Alabama, according to Industrial Info.

Construction on the 770-MW cogeneration facility began last summer, while operation of the facility is now planned for December 2003, seven months later than originally planned. The plant site is near Alexander City.

The facility will consist of three Westinghouse 501G combustion turbines paired with steam recovery generators, and another steam turbine.
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