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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

AEP Lays Off Coal Miners in Ohio, West Virginia

LCG, Jan. 15, 2001American Electric Power Co. said Friday it would lay off 370 miners at its Central Ohio Coal Mine and its Windsor Coal Mine in West Virginia.

The two mines produce high-sulphur coal, which is not easily used because of U.S. emissions standards. The company said in March 1998 that the Ohio mine would be closed and announced its plans to shut down Windsor in July 1999.

Last August, AEP said it was seeking to sell both mines because their operating costs had become too high, and had engaged Rothschild, investment bank, to handle the sale. Charles Ebetino, a senior vice president, said "Efforts to sell the mines will continue, and the sales process is progressing."

The 145 employees laid off at the Ohio mine represent 97 percent of its workforce and the 225 laid off at Windsor 96 percent of its workforce.

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