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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

New York PSC Approves Power Lines

LCG, Feb. 24, 2003--Con Edison Co.will be allowed to install two 138-kV power transmission lines and a substation in Westchester County, the New York State Public Service Commission stated in an order last Friday.

The lines will run underground, from the town of Greenburgh's Eastview substation to Mount Pleasant, where the new substation will be sited on land currently owned by the county. The utility intends to purchase the land, and the lines will be placed along established rights-of-way, to start operations by May 2004.

In order to begin construction, Con Edison will need approvals from the county. The county has an incentive to grant them, in that four substations now in the county will likely be unable to handle the increasing demands put on them. Substations allow power from higher-kV transmission lines to be converted to a voltage suitable for lower-kV lines, before distribution to homes and businesses.
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