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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

Ameren to Follow ComEd, Illinois PowerOut of Midwest Independent System

LCG, Nov. 10, 2000--Ameren Corp. yesterday notified the Midwest System Operator that it would withdraw from the ISO and take its wires with it, joining Commonwealth Edison Co. and Illinois Power Co. in the shift to the Alliance Regional Transmission Operator.

Neither the Midwest ISO nor the Alliance RTO has as yet been certified by the Federal Energy Regulatory Commission.

The switch to Alliance from the ISO was made with the feeling that the possibility of profit could be a motivating factor in successful operation of regional transmission systems, and the earlier decisions by ComEd and Illinois Power influenced Ameren.

"Following recent announcements by Illinois Power and Commonwealth Edison of their intent to withdraw from the Midwest ISO and join Alliance, we have determined that the operational configuration of the Midwest ISO is unacceptable," said David A. Whiteley, an Ameren vice president.

Stan Szwed, a vice president of First Energy Corp. who is also chairman of the Alliance management committee, welcomed the new member. "Ameren joins not only Illinois Power and Commonwealth Edison but also American Electric Power, Consumers Energy, Detroit Edison, VirginiaPower, and First Energy in an alliance that will serve customers in 11 contiguous states," he said.

He left out Dayton Power & Light Co. and Northern Indiana Public Service Co. Those utilities have also filed with FERC to join Alliance.

The Midwest ISO took the announcement stoically. "We are of course very disappointed that they have made this request," said Matt Cordaro, chief executive of the nonprofit organization, adding "We will be meeting with stakeholder groups next week to deal with recent developments."

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