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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

Taiwan Parliament Says Finish Building Nuclear Plant

LCG, Jan. 31, 2001--Taiwan's opposition-controlled parliament early today passed a resolution calling on the government to resume construction immediately on a $5.4-billion, 2,700 megawatt nuclear power plant project it had ordered scrapped in October.

The vote was 134-70, with only three members of the Nationalist Party defecting to President Chen Shui-bian's Democratic Progressive Party. Senior Democrat Progressives said the government would reject the result and call for mediation of the issue.

Parris Chang, chairman of the parliament's Foreign Relations Committee and a member of Chen's party, said "The president has the power to mediate, and he will see if some kind of compromise solution is possible."

The Nationalists are expected to do little more than listen during any mediation process, and then seek other legal and political means to force the government to resume construction of the plant.

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