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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

Shepards Flat Wind Farm in Oregon Now Fully Operational

LCG, September 27, 2012--The Shepards Flat Wind Farm is now delivering power to the grid in northeast Oregon. The project, developed by Caithness Energy, has a design capacity of 845 MW. Southern California Edison purchased the power output under a 20-year power purchase agreement (PPA).

The massive wind project, with a 32,000 acre footprint, operates along the Eastern Columbia Gorge in Gilliam and Morrow Counties. The project incorporates 338, 2.5-MW wind turbines provided by GE.

Project investors include Google, GE Energy, and Japan's Sumitomo Corp. In October 2010, the Department of Energy (DOE) provided a $1.3 billion partial loan guarantee through the Recovery Act in 2010.
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