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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

AECC Agrees to Purchase Power from 150 MW Wind Project in Oklahoma

LCG, July 23, 2013--Renewable Energy Systems Americas Inc. (RES Americas) announced yesterday that its subsidiary, RES America Developments Inc., reached a long-term agreement to sell 150 MW of wind energy from the Origin Wind Energy project to Arkansas Electric Cooperative Corporation (AECC), which will be the only recipient of the project's power output.

RES Americas developed and will construct the 75-turbine Origin Wind Energy project, located in southeast Oklahoma. The project is scheduled to commence commercial operation by December 31, 2014.

"The latest addition of 150 MW of low-cost wind energy provides AECC with a hedge against fluctuating natural gas energy prices," said AECC's president and chief executive officer. "AECC will have 201 MW of wind energy in its generation assets with this addition. We will continue to pursue energy options that allow AECC's member cooperatives to provide reliable electricity at the lowest possible cost."

The National Renewables Cooperative Organization (NRCO), which enables cooperatives nationwide to pool the ownership and benefits of renewable resources, assisted AECC with identifying and evaluating the project.
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