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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

NRC Issues Schedule for New Nuclear Units in Georgia

LCG, August 4, 2011--Southern Company announced yesterday that its subsidiary, Southern Nuclear, received a schedule for the completion of the licensing process for Plant Vogtle Units 3 and 4 from the Nuclear Regulatory Commission (NRC). The action by the NRC supports the issuance of a Combined Construction and Operating License (COL) near the end of this year, and Southern Company expects commercial operation of the two new nuclear units in 2016 and 2017.

The COL Final Safety Evaluation Report is now scheduled to be issued this month, and the completion of the mandatory hearing process is scheduled for this December. Once the COL is issued, full construction can begin. Southern Nuclear has been working under a Limited Work Authorization permit since 2009 that allows for certain safety-related construction activities. Southern Nuclear is now overseeing construction and will operate the two new units, along with the two existing units it currently operates.

The Southern Company Chairman, President and CEO stated, "This action provides clarity and certainty toward the historic issuance of a license for the first new nuclear units approved for construction in the U.S. in more than 25 years. We can see the COL finish line from here as we head into the final stages of the licensing process."

The $14 billion project, located near Waynesboro, Georgia, includes the construction of two 1,100-MW, AP1000 units for Georgia Power, a Southern Company subsidiary, and co-owners Oglethorpe Power Corporation (OPC), the Municipal Electric Authority of Georgia (MEAG), and Dalton Utilities.






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