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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

Construction Starts on Roseville Energy Park

LCG, June 8, 2005--The City of Roseville held the ground breaking ceremony on June 2 for its Roseville Energy Park, a 160-MW project that is located near the Northern California city of Roseville. The plant was approved by the California Energy Commission in April and is scheduled to commence commercial operations by late 2007.

The City of Roseville is developing the local generation to meet its growing demand for electricity. The natural gas-fired, combined-cycle power plant will be located adjacent to the Pleasant Grove Wastewater Treatment Plant and will use reclaimed water for cooling. The current, estimated cost of the facility is $170 million.

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