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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

China Promises to Increase Nuclear Power Capacity

LCG, October 24, 2002-As part of an effort to move away from its dependence on coal, China is increasing its nuclear power plant capacity.

China's long-term plans include developing as much as 20,000 megawatts in nuclear power capacity by 2010, but in the near future, the country intends to complete and begin operating five new nuclear plants within the next three years. Today China's nuclear power is a mere one percent of the total, as compared with 21.9 percent in the United States.

China's yearly growth averages seven percent, and the country is concerned with providing sufficient electric capacity to match that growth.

The 13th Pacific Basin Nuclear Conference began yesterday; Chinese officials emphasized their interest in working with other countries in the region to apply nuclear power technologies.

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