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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

KCP&L Announces Successful Completion of Testing at New Iatan 2, Coal-fired Unit

LCG, August 27, 2010--Kansas City Power & Light Company (KCP&L) and KCP&L Greater Missouri Operations Company (formerly Aquila) yesterday announced that the new Iatan 2, electric generating facility completed in-service testing. Both companies are subsidiaries of Great Plains Energy Incorporated.

The 850-MW, coal-fired unit, located at the existing Iatan Generating Station just outside of Weston, Missouri, will burn Powder River Basin (PRB) coal.

The new unit was agreed upon as part of KCP&L's Comprehensive Energy Plan that was approved by the Kansas and Missouri Commissions in the summer of 2005. The in-service testing is subject to confirmation by regulatory staff of the two Commissions.

KCP&L is now working towards commercial acceptance with the primary vendors on the project.

The Comprehensive Energy Plan (CEP) evolved through a collaborative process with stakeholders that, in addition to allowing Iatan 2, included mandated environmental upgrades at the Iatan 1, coal-fired, power plant. The installation of the pollution control equipment at Iatan 1 was completed in February 2009. The CEP also includes renewable energy projects, transmission and distribution infrastructure upgrades and customer energy efficiency programs.

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