Displaying items by tag: tva fossil plant
Editorial: TVA executes sharp electric rate increase amid lack of transparency
KNOXVILLE — On Thursday, August 22, the Tennessee Valley Authority’s (TVA) Board of Directors will meet in Florence, Alabama to authorize a 5.25 percent electric power rate increase without any public documentation showing why the increase is needed or how those additional revenues will be spent. This rate increase amounts to approximately a staggering half-a-billion-dollar increase for Tennessee Valley ratepayers. Only in the Tennessee Valley could a major utility raise rates without public scrutiny of financial documents.
The 5.25 percent rate increase coupled with last year’s 4.5 percent electric rate increase is strategically set just below a 10 percent threshold that would trigger renegotiation of hundreds of power supply agreements with local utilities. But even with this rate increase, TVA is still racking up debt at a rate not seen in decades.
Based on documents over a year old at this point, we can only guess what is driving TVA’s current financial woes: the largest buildout of fossil gas in the country this decade. These new fossil gas pipelines and power plants aren’t cheap, and TVA’s plan to increase reliance on gas is risky. Families and businesses across the Valley will see increased bills when gas prices rise again and as these new gas power plants become obsolete in just a few short years.
Tennessee Valley Authority faces a push to get greener and more transparent
TVA ‘clearly a laggard’ in renewable energy
This article was originally published by Tennessee Lookout.
ASHLAND CITY — When he heard about the sale, Kerry McCarver was perplexed.
In 2020, the mayor of rural Cheatham County discovered that the Tennessee Valley Authority bought about 280 acres of rolling farmland “in the middle of nowhere” in his county, which lies just west of Nashville and is home to about 42,000 people.
He asked another county official who formerly worked for the TVA, the nation’s largest public power company, to find out what it planned to do with the land.
The answer they got was “future use,” and they speculated a solar farm might be in the works.
“It’s kind of the last we thought about it,” McCarver said during an interview in his office in May. “Then a year ago last summer, TVA called here needing a place to have a public meeting.”
The authority was now proposing a 900-megawatt natural gas-fired power plant, battery storage, pipelines and other associated infrastructure for the site, which came as a shock to McCarver and many other locals who felt it was wholly inappropriate for the area.
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To critics’ dismay, TVA plans to replace coal with natural gas. The utility also plans to double its solar supply.
Citizens call on TVA to stop passing gas
KNOXVILLE — The Tennessee Valley Authority in coming years plans to add both natural gas and solar plants to its portfolio to meet what it says are rising energy demands.
TVA’s Board of Directors laid out the federal utility’s plan in a meeting at Norris Middle School in May. Environmentalists at a previous hearing criticized the utility’s focus on natural gas rather than renewables or other measures. Other people, largely tied to local power providers, argued that a switch to renewable energy would be unreliable.
TVA showed a map in a press release following the meeting, showing four proposed natural gas plants and two proposed solar plants. Two of those natural gas plants would be in Tennessee while the other two are planned for Alabama and Kentucky. It stated these new plants will total 3,800 megawatts. It also spoke of its System Operations Center, set to open in fall 2024 in Georgetown to manage the utility’s grid. TVA also stated a desire to research nuclear technologies.
“Our region is experiencing growth at six times the national average, which means we must invest in our current power system and build new generation so we can continue meeting our region’s demand,” said TVA president and CEO Jeff Lyash.
Several citizens criticized TVA’s focus on natural gas plants and new pipelines at the listening session May 9. Among them was Clinton resident and activist John Todd Waterman.
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Every TVA coal-fired plant in Tennessee is leaking dangerous contaminants at unsafe levels, report concludes
Report: TVA’s Allen Fossil Plant in Memphis ranks No. 10 in most contaminated U.S. sites
This story was originally published by Tennessee Lookout.
The Tennessee Valley Authority’s coal ash dumps in Memphis rank among the worst in the nation for contamination of groundwater with cancer-causing toxins, according to a new report that relied on the power provider’s own records.
TVA’s coal ash dumps at the now-defunct Allen Fossil Plant rank as the 10th worst contaminated sites in the country in a report released earlier this month that examined groundwater monitoring data from coal-fired plant operators, including TVA.
TVA’s own monitoring data shows its Memphis dumps are leaking arsenic at levels nearly 300 times safe drinking water limits. Unsafe levels of boron, lead and molybdenum are also being recorded there.
The report, prepared and published by the Environmental Integrity Project (EIP) and Earthjustice, shows that coal ash dumps at every TVA coal-fired facility across Tennessee are leaking dangerous contaminants at unsafe levels, including arsenic, cobalt, lithium, molybedenum, boron, lead and sulfate, into groundwater.
Enviros to TVA: Retire the fossil-fuel pacifier
TVA’s Cumberland Fossil Plant near Clarksville is the subject of a suit filed by environmental groups, including Appalachian Voices and Southern Environmental Law Center. Tennessee Valley Authority
SELC, others file suit in hopes of dissuading TVA from future fossil options
This story was originally published by Tennessee Lookout.
CLARKSVILLE — On behalf of the Tennessee Chapter of the Sierra Club and Appalachian Voices, the Southern Environmental Law Center asked TVA to prepare a supplemental environmental statement to address concerns with TVA’s draft environmental impact statement, which details the agency’s plans to retire the Cumberland Fossil Plant.
The Cumberland Fossil Plant, about 22 miles southwest of Clarksville, is TVA’s largest coal-fired power station and was built between 1968 and 1973. TVA plans to retire each unit of the two-unit, coal-fired steam-generation plant separately: one unit no later than 2030, and the second unit no later than 2033. But the plant will need to be replaced, and TVA is currently considering three alternatives to fossil fuel, including natural gas and solar energy, according to its draft EIS.
(Tennessee Valley Authority already plans to close down the Knoxville-area Bull Run fossil plant in Claxton next year).
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SACE released its annual utility decarbonization tracking report, and it’s not pretty
Report: Many utilities are not reducing carbon emissions despite public assurances to the contrary
KNOXVILLE — Global greenhouse gas emissions must peak by 2025 and experience rapid and deep reductions to avoid a potentially catastrophic future, according to a new analysis by air-quality and climate advocates. Emissions must reach net zero by the early 2050s to limit warming to 1.5 degrees (C) in order to avoid the worst impacts of the climate crisis.
Many utilities and municipalities have acknowledged this dynamic, but the Southern Alliance for Clean Energy s fourth annual “Tracking Decarbonization in the Southeast" report highlights that current utility resource plans are not in line with this overarching target. Obstacles to getting utilities on track that are discussed in our report include: increasing reliance on fossil gas, underutilizing energy efficiency, and placing limitations on popular technologies such as rooftop solar. There’s still a lot of work to do before any Southeast utility is on track to decarbonize.
TVA reopens public meetings to .... the public
After pandemic starts and stutters, TVA finally allows personal public input at meetings
KNOXVILLE
For the first time in nearly two years, the publicly owned Tennessee Valley Authority will host a public listening session on the day prior to its next board of directors meeting.
Since shifting to virtual board meetings in 2020, TVA diverged from other utilities across the country by not holding a single virtual public listening session. In addition, written comments submitted by ratepayers prior to board meetings have not been shared with the media or the public.