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Peak Energy Announces First Grid-Scale, Sodium-Ion Battery Energy Storage System in the U.S.

LCG, July 30, 2025--Peak Energy today announced the launch and shipment of its sodium-ion battery energy storage system (BESS) that includes a patent-pending passive cooling design that should significantly reduce lifetime energy costs. Peak Energy's system is to be deployed this summer in a shared pilot project with nine utility and independent power producer (IPP) customers.

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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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Industry News

Recovery Efforts for Texas Power Outage Continue

LCG, June 7, 2004--An unprecedented set of power outages that affected 500,000 customers of TXU Electric Delivery, following two severe storms early last week, persisted to a lesser extent in some areas through the weekend.

By Friday, roughly 75 per cent of customers who had experienced outages had had service restored, according to TXU Electric Delivery's chairman and chief executive, Tom Baker. The first storm was of hurrice force and hit on Tuesday, June 1, while a second series of storms followed the next day.

In the course of the work by TXU crews and by crews from nine states outside Texas, 40,000 damaged, fallen or broken trees were removed, 23 substations were restored, 550 transmission and distribution poles were installed again, and 4,000 wires that were reported to have been downed were addressed.

"I appreciate the patience of those who are without electric service following this devastating series of storms," Baker said. TXU Electric Delivery is a subsidiary of TXU Corp.
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