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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

610-MW Texas Generating Unit Out Following Pipe Rupture

LCG, July 15, 2003--One of the W.A. Parish power plant's four generating units, Unit 8, is being inspected to determine the extent of damage it suffered when a steam pipe ruptured for unknown reasons.The unit, rated at 610 megawatts of capacity, will be shut down until the extent of any necessary repairs has been determined. Meanwhile, Texas Genco Holdings, Inc., which owns W.A. Parish, will obtain capacity to substitute for the lost output from the market. The incident, which occurred Tuesday, did not result in service interruptions to customers, and no plant staff were injured. The plant, which burns coal, is approximately 50 miles southwest of Houston, in Fort Bend County.
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