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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

Williams Unit Gas Reserves Stay Ahead of Use

LCG, Jan. 31, 2001The exploration and production unit of The Williams Cos. said this morning that it had replaced by 329 percent the amount of natural gas taken from its reserves in 2000.

The company reported year-end 2000 proved natural gas reserves of 1.20 trillion cubic feet (Tcf)equivalent, compared with year-end 1999 reserves of 1.05 Tcf equivalent while producing in 2000 65.6 billion cubic feet equivalent, which represents a 13 percent increase over the prior year.

Bryan Guderian, vice president of exploration and production, said, "We're continuing to make greatstrides in our exploration and production business. Last year was another record year for us. We achieved record levels for both reserves and production. With our large inventory of low-riskdevelopment opportunities, we have an excellent platform for sustained growth."

Williams said it plans to participate in more than 300 wells this year, which would set a drilling record for the company. The developments are concentrated in Wyoming's Green River Basin and New Mexico's San Juan Basin, the company said.

Williams' exploration and production unit primarily drills for natural gas in the northern Rockies, NewMexico's San Juan Basin and onshore along the Texas and Louisiana Gulf Coast.

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