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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

Buena Vista Wind Project Delivers Power to PG&E

LCG, January 11, 2007--Pacific Gas and Electric Company (PG&E) announced yesterday that it is receiving power from the Buena Vista Energy, LLC Wind Project located in the Altamont pass area east of San Francisco, California.

The Buena Vista Energy, LLC Wind Project, has a capacity of 38 MW and was developed by Babcock & Brown's North America Infrastructure Group. The project includes 38, one-megawatt turbines made by Mitsubishi Power Systems.

In April 2005, PG&E submitted the long-term power purchase agreement associated with the project to the California Public Utilities Commission (CPUC) for regulatory review.

The State of California's Renewable Portfolio Standard (RPS) Program, which is managed by the CPUC and the California Energy Commission, requires each utility to increase its procurement of eligible renewable generating resources by 1% of load per year to achieve a 20% renewables goal. PG&E states that it currently provides over 13% of its energy from renewable resources that qualify under California's RPS Program.
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