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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

Reliant Begins Building Las Vegas Area Powerhouse

LCG, Nov. 15, 2001--Reliant Energy Wholesale Group said yesterday it has begun construction of a 550 megawatt generating station that will serve power markets in Nevada and the West beginning in late 2003.

Reliant's Bighorn power plant is being built near Primm, Nev., about 35 miles south of Las Vegas.

"Reliant Energy Bighorn is part of a long-term solution to the problems that the western states have experienced with power shortages and price volatility," said Steve Letbetter, chief executive of Reliant Resources, the wholesale group's parent.

The company said that the Bighorn plant, like all Reliant plants in Nevada, will employ "dry cooling" to conserve water, a scarce commodity in southern Nevada. Reliant also said the plant willmeet or exceed all state and federal requirements for air and water quality.

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