Post Tagged with: "TVA"

White House Gives TVA Pat On The Back, But Still Wants To End Federal Ties

White House Gives TVA Pat On The Back, But Still Wants To End Federal Ties

by / on March 4, 2014

The Obama Administration says the Tennessee Valley Authority has a better handle on its financial situation. But they’re still floating the possibility of the putting the nation’s largest public utility in private hands.

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A massive crane lowers a new steam generator into TVA's Sequoyah Unit 2 reactor in 2012. Image: Tennessee Valley Authority.

Why Is TVA Buying Spare Parts For A Nuclear Reactor It Hasn’t Finished Yet?

by / on February 18, 2014

TVA says the steam generators at Watts Bar Unit 2 were installed decades ago, as the reactor sat unfinished. Agency officials insist it would be 8 to 10 years before the generators need to be swapped out, and it’s cheaper to buy them now rather than later.

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A turbine at TVA's Wilbur Dam in East Tennessee, covered with icicles on Tuesday, January 7. On that day, TVA set a new single day record for power usage. Image: Tennessee Valley Authority

Bitter Cold In January Will Mean Higher Power Bills In March

by / on February 13, 2014

The Tennessee Valley Authority says March electricity bills will increase, due to record demand at the beginning of the year. The agency sold more power, but it also had to pay a premium for coal, natural gas, and uranium.

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The Cold Winter Drove Up Demand For Power, But TVA Is Still Shuttering Some Coal Plants

The Cold Winter Drove Up Demand For Power, But TVA Is Still Shuttering Some Coal Plants

by / on February 4, 2014

The Tennessee Valley Authority says it will likely press on with its plans to shut down several power generators, even though freezing temperatures in January led to record demand.

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No Need To Build Alabama Nuclear Plant—Not Even Using Nashville Businessman’s Money

No Need To Build Alabama Nuclear Plant—Not Even Using Nashville Businessman’s Money

by / on November 15, 2013

The Tennessee Valley Authority says an unfinished nuclear plant in Alabama will likely stay that way. Not only has TVA stopped work at the Bellefonte Nuclear Plant, it’s also turned down an offer from a Nashville financier to finish the project with private money.

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TVA will shut down two coal units at its Paradise Fossil Plant near Drakesboro, Kentucky. Another unit will remain active and TVA will build a gas-powered generator. Image: TVA

Less Coal, More Gas: TVA Votes To Shut Even More Coal-Fired Generators

by / on November 14, 2013

As expected, the Tennessee Valley Authority announced Thursday that’s it’s shutting down several coal-fired power generators, but none are in Tennessee. TVA says it’s making more power than it needs.

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Wet Summer Means More Power From Dams, But TVA Has To Put Off Safety Checks

Wet Summer Means More Power From Dams, But TVA Has To Put Off Safety Checks

by / on September 3, 2013

The Tennessee Valley Authority is generating twice as much hydroelectric power, due to unseasonably wet weather. Turbines at the utility’s 29 dams have been running non-stop all summer. That means TVA can’t inspect them, as scheduled.

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TVA To Charge Customers More For Electricity As Demand For Power Slumps

TVA To Charge Customers More For Electricity As Demand For Power Slumps

by / on August 22, 2013

Electricity bills are going up soon. Today, the Tennessee Valley Authority approved its first rate increase in two years.

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TVA: $120M Drop In Power Sales The Start Of A Long-Term Trend

TVA: $120M Drop In Power Sales The Start Of A Long-Term Trend

by / on August 5, 2013

The Tennessee Valley Authority says its customers are using a lot less power. Mild weather means people aren’t running their air conditioners as much. But the federally owned utility says it’s starting to see a long-term downward trend.

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TVA To Meet With Budget Officials On Privatization For The First Time

TVA To Meet With Budget Officials On Privatization For The First Time

by / on May 20, 2013

TVA executives will hold their first face-to-face meetings with the Obama Administration Tuesday about possibly privatizing the public utility. The idea was floated in the President’s budget plan.

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Proposed Sale Makes It Hard For TVA To Borrow Cash

Proposed Sale Makes It Hard For TVA To Borrow Cash

by / on May 3, 2013

Just as the Tennessee Valley Authority is looking to borrow lots of money this year, the cost of doing that is going up. It’s a reaction to the suggestion that TVA should be privatized.

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Alexander’s Reasoning For Keeping TVA In Federal Hands: It Has All The Tritium

Alexander’s Reasoning For Keeping TVA In Federal Hands: It Has All The Tritium

by / on April 25, 2013

Sen. Lamar Alexander is now raising national security concerns over the possible sale of the Tennessee Valley Authority.

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TVA Done With Sequoyah Maintenance

TVA Done With Sequoyah Maintenance

by / on January 11, 2013

Work on the Sequoyah Nuclear Plant’s Unit Two reactor is finished ahead of schedule and under budget.

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Power Transitions at TVA

Power Transitions at TVA

by / on January 2, 2013

The new year means a new CEO for the Tennessee Valley Authority. Bill Johnson takes over the $11 billion public utility after being hired in November.

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Without Board Quorum, Incoming TVA CEO Gets New Powers

Without Board Quorum, Incoming TVA CEO Gets New Powers

by / on December 10, 2012

TVA’s board is supposed to have nine members; it’s already short three. Two more will go when Congress adjourns, leaving the board without enough members to do business.

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TVA Scrambles with Board Quorum in Jeopardy

by / on December 10, 2012

The dwindling number of TVA board members will meet this morning to hatch a plan for when there are no longer enough directors to make decisions. The President’s nominees are still waiting to be confirmed by the U.S. Senate.

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Kilgore: Refurbishment of Sequoyah Unit Two Ahead of Schedule

by / on November 16, 2012

TVA is using remote-controlled robots and what it calls the world’s largest crane to lift the top off the reactor’s containment building and replace a set of steam generators. Seqouyah has been operating since 1980. By replacing the generators, TVA hopes federal regulators will renew its license for another 20 years.

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Cost Cutting, Lower Commodity Prices Help TVA End 2012 in the Black

Cost Cutting, Lower Commodity Prices Help TVA End 2012 in the Black

by / on November 15, 2012

Weather played havoc with TVA’s bottom line this year. While customers used record amounts of power during June’s scorching heat wave, it wasn’t enough to make up for a slump during a mild winter.

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Watts Bar Sticking to New Schedule

Watts Bar Sticking to New Schedule

by / on October 26, 2012

The Tennessee Valley Authority says an over-budget nuclear reactor is back on track, at least on its new track.

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Corker Fears Feds May ‘Destroy’ TVA

Corker Fears Feds May ‘Destroy’ TVA

by / on October 3, 2012

Tennessee Senator Bob Corker says TVA might be better off if it came out from under federal oversight. Both of the state’s U.S. senators say the White House isn’t putting much thought or taking their input over appointing new board members.

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