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Tag Archives: Tennessee Valley Authority

TVA forms opinion group

North Mississippi – The Tennessee Valley Authority (TVA) has established a group of opinion leaders from across the Tennessee Valley region to provide additional input as TVA charts its options for meeting the region’s electricity needs for the next 20 years. TVA is developing a new Integrated Resource Plan called TVA’s Environmental and Energy Future. The plan will outline various ...

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Utilities named tops by Site Selection

North Mississippi and New Orleans – Site Selection magazine has named the Tennessee Valley Authority (TVA) and Entergy Corporation two of the Top Utilities of 2008. Mississippi Power received an honorable mention. This was the fourth consecutive year in which TVA has earned the Top Utilities honor. In 2008, TVA and distributors of TVA power, working with state and local ...

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TVA sales plummet with $7.2-billion shortfall

The Tennessee Valley Authority (TVA) board has approved a 2010 budget of $10.2 billion for operating expenses and $2.3 billion in capital investments. The board also took several actions to reduce the impact on consumers of a projected $7.2-billion shortfall for the period 2010 through 2012, including $1.9 billion in budget cuts and $2.8 billion in additional borrowing primarily to ...

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Utilities pursuing stimulus funding

  Last April, Vice President Joe Biden and Commerce Secretary Gary Locke detailed plans by the Department of Energy (DOE), as part of the American Recovery and Reinvestment Act (ARRA), to distribute more than $3.3 billion in smart grid technology development grants and an additional $615 million for smart grid storage, monitoring and technology viability. The DOE’s Office of Electricity ...

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Spill clean-up hurts TVA’s numbers

The Tennessee Valley Authority (TVA) incurred a net loss of $167 million for the quarter that ended June 30, 2009, compared to a net income of $100 million for the same period in 2008. The loss was due primarily to expenses related to the Kingston ash spill and a significant decline in sales, according to TVA’s quarterly financial report filed ...

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