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News
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LCG, September 16, 2025--Southwest Power Pool’s (SPP) Board of Directors today announced that the Board approved a process to facilitate the connection of large users of electricity to the power grid while continuing to support energy needs for the entire region. SPP's new process is designed to incorporate transmission service, generation, load interconnection and other relevant reliability studies into a single framework that enables timely, informed decision-making and action.
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LCG, September 15, 2025--Longroad Energy announced today the financial close of 1000 Mile Solar, its 300 MWac (400 MWdc) solar project in Yoakum County, Texas. Longroad Energy finalized a long-term offtake agreement with Meta late last year in the form of an Environmental Attributes Purchase Agreement, which includes a financial settlement arrangement for the entire energy output of 1000 Mile Solar.
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Industry News
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.
"TVA delivered another quarter of strong financial performance, driven by growing power demand, higher sales, and continued focus on financial discipline," said TVA’s Chief Financial Officer. "Our capital plan remains on track, and we are strategically managing financing to support one of the largest investment periods in TVA’s history. With the Enterprise Transformation Program and strong operating cash flow, we’re ensuring we can meet the region’s growing energy needs while maintaining long-term financial strength."
TVA presented an overview of its newly installed generation capacity, along with new generation under construction or planned additions. TVA recently installed a total of nearly 1,900 MW of gas-fired combustion turbines at Paradise in Kentucky, Colbert in Alabama, and Johnsonville in Tennessee.
TVA also identified projects under construction or being evaluated that totaled approximately 6,200 MW of new, mostly firm, dispatchable generation projects, including: a 1,450-MW combined-cycle facility in Cumberland, Tennessee, and a 1,200-MW pumped-storage hydroelectric facility in North Alabama.
TVA positioned itself as "Leading America’s Nuclear Renaissance," noting its more than 8,000 MW of nuclear capacity and its leadership role in developing advanced small modular reactors (SMRs). Specifically, the Nuclear Regulatory Commission (NRC) has accepted a construction permit application for review from TVA to build one of the nation’s first SMRs. TVA submitted its application in late May to use GE Vernova Hitachi’s BWRX-300 design and to install the advanced nuclear plant at its Clinch River site near Oak Ridge, Tennessee. TVA has secured the nation’s first and only early site permit (ESP) for an SMR with support from the Department of Energy (DOE) to clear the environmental review process. TVA's application is also the first in the U.S. that uses GE Vernova Hitachi’s BWRX-300 design.
"Our region continues to experience population and load growth, and TVA is rising to meet this moment," said TVA's President and CEO. "To power growth and prosperity, TVA is making some of the largest capital investments in our history to unleash American energy to power next generation industries such as AI, new nuclear, and advanced manufacturing that will create American jobs. To achieve this, my leadership team is focused on operational excellence, financial discipline, and delivering results as efficiently as possible."
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UPLAN-NPM
The Locational Marginal Price Model (LMP) Network Power Model
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UPLAN-ACE
Day Ahead and Real Time Market Simulation
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UPLAN-G
The Gas Procurement and Competitive Analysis System
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PLATO
Database of Plants, Loads, Assets, Transmission...
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