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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 Cos. Voluntarily Yields Gas Trading Data

LCG, October 29, 2002-On Friday, Williams admitted that some of its traders presented false information regarding energy-related trades; today the company has given the CFTC its records.

As the third company to reveal that its traders have reported false data, Williams has announced it is cooperating fully with the Commodity Futures Trading Commission.

False trading data may have been used to affect price indexes published and used to determine natural gas prices for contracts.

The Federal Energy Regulatory Commission is currently investigating several aspects of energy trading and has requested trading data from various companies, such as Duke Energy.

Dynegy Inc. and American Electric Power Co. have also found that some of their employees made false reports in industry publications.

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