Proposed federal legislation targets TVA
A new federal bill could require the Tennessee Valley Authority to consider more public input in its long-term planning process.
There are 96 article(s) tagged Tennessee Valley Authority:
A new federal bill could require the Tennessee Valley Authority to consider more public input in its long-term planning process.
Residents were able to get a county moratorium this past fall on projects such as the Millington-area solar farm that is expected to generate energy for a Facebook data center.
Officials met Jan. 31 in Jackson, Mississippi, to address updates from a report issued by the TVA in 2023 detailing safety issues and concerns about the utility provider’s ability to sustain itself.
Even though it was colder for longer, Memphis got a welcome surprise this past storm: The power mostly stayed on.
The Tennessee Valley Authority supplied more electricity Wednesday morning than at any other point in its history. Related stories:
MLGW’s president and CEO said his focus is now on the impacts that extended periods of cold weather can have on the area’s water system.
Mid-morning Tuesday, TVA’s demand hit 31,000 megawatts, inching closer to the 2022 record that warranted the need for mandatory rolling blackouts. But as of Tuesday night, MLGW CEO Doug McGowen said no blackouts are planned. Two weather-related deaths suspected in Shelby County MLGW, TVA ask customers to conserve energy Memphis airport is open, weather across nation affecting flightsRelated stories:
MLGW and the TVA are asking customers to voluntarily reduce energy uses immediately to avoid brownouts and blackouts.
Following last year’s Winter Storm Elliott and mandatory, rolling blackouts, the TVA has invested about $123 million to prepare its equipment for extreme weather.
“I cannot guarantee that nothing will happen,” Doug McGowen, president and CEO of Memphis Light, Gas and Water said. “But I can guarantee that we’re much better prepared than we were last winter.”
“I believe, and my team believes, this is the necessary remedy for decades of disinvestment and failed decisions under previous presidents and previous councils,” said MLGW CEO Doug McGowen.
TVA built a training house on the Midtown Memphis campus where contractors can learn to identify weatherization problems, and how to correct them. The new course will start in January.
Opinion: “Instead of our publicly owned utility sharing with us — its owners — where that money has gone, MLGW is once again proposing a hefty rate increase for infrastructure.”
The proposed rate hike would fund $1.2 billion of power grid improvements over the next five years.
It took the Tennessee Valley Authority 90 years to build its current electric grid, but it’s going to need to move a lot quicker to keep up with its customers’ need for power.
Patrice Robinson will be the first Memphian on the board since John Ryder died last year.
Residential solar systems can generate cheaper energy and be a lifeline when the power goes out, but the systems also have high upfront costs and can be complicated to install.
The board of the Tennessee Valley Authority, which provides MLGW with electricity, approved a 4.5% rate hike Thursday. The increase will equal about $3.50 more each month for TVA’s 10 million customers across seven states.
If estimates hold true, TVA will experience the highest demand for electricity of the summer Thursday; it would also be the highest power demand during any August in more than a decade.
The Tennessee Valley Authority’s board of directors will vote on a proposal to replace local combustion turbines with aeroderivative turbines, which are more modern, and help integrate renewable energy into the grid.
Most of the energy generated at a planned $140 million solar farm in Millington will go to power a Meta Platforms Inc. data center more than 200 miles away.
In the past, threats to the area’s water supply were rare. But, in recent years, local power problems have been the driving force behind water crises.
The Tennessee Valley Authority released its own report about the rolling blackouts it was forced to mandate last December, saying once again that it “fell short” in supplying reliable power.
It’s cheaper for utilities to cut energy waste than build more power plants, according to the executive director of the Southern Alliance of Clean Energy.
In the summer of 2022, the price of natural gas spiked. While the rest of the companies interested in MLGW’s power supply contract adjusted their prices, TVA was still using pricing prior to that time. Their bid came in lower, and everyone else’s came in higher — much higher.