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PostPosted: Feb 11, 2018 1:38 pm 
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TVA plots new future with stagnant or declining demand for power

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TVA's total power load last year was down by more than 10 percent from a decade ago and the federal utility projects demand for electricity will be essentially flat or down even more over the next decade. TVA, which long banked on annual electricity growth of as much as 7 percent, now predicts power demand in 2027 will be nearly 13 percent below the peak level reached 20 years earlier in 2007.


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PostPosted: Feb 19, 2018 5:36 pm 
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Is Trump's proposal to dump TVA really such a loony idea?

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Although TVA operates without taxpayer infusions, it also doesn't pay taxes, and its payments in lieu of taxes total far less than a private utility would pay to support local government. TVA has tended to be lackadaisical about debt. As a government entity, it can borrow more cheaply than private enterprise, and its debt has, at times, approached its $30 billion ceiling, though it's now on a downward trajectory.


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PostPosted: Feb 21, 2018 7:33 am 
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TVA boosting power output at Browns Ferry with $475 million upgrade

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Following a record-long 653-day run of power generation at the Browns Ferry Nuclear Power Plant, TVA idled the Unit 3 reactor at Browns Ferry over the holiday weekend and started Saturday to install equipment to add another 155 megawatts of generating power from the boiling water reactor. Similar upgrades are planned on the two other units at Browns Ferry as part of a $475 million program to boost overall power by 465 megawatts by the spring of 2019.

The extra power from the Extended Power Uprate, or EPU, is projected to produce enough additional electricity to power 280,000 more homes and will help TVA boost the share of power it gets from its nuclear power plants to 40 percent.

The power upgrade is far less costly than building new nuclear generation. TVA spent $4.7 billion to add a 1,200 megawatt Unit 2 reactor at Watts Bar in 2016 — or more than $3.9 million per installed megawatt — compared with only $1.02 million per megawatt for the upgraded Browns Ferry units. At Plant Vogtle in Georgia, the new AP1000 reactors are projected to cost more than $6.4 million per megawatt.


It's humbling when you realize that you could build an entire reactor whose output would be less than the uprating of these older reactors.


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PostPosted: Mar 11, 2018 8:34 am 
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This is way back in the annals of TVA history, but S. David Freeman is like a smelly old turd that keeps sticking to your shoe:

'Green cowboy' who advised presidents worries the left is lost

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Freeman, whose first name is Simon but who goes by Dave, is used to being a lightning rod in the energy community. He quashed the development of new nuclear reactors when he helmed the Tennessee Valley Authority in the 1970s and was accused by Republicans of gouging ratepayers during the energy crisis of 2001.

But these days, Freeman is more focused on his nine grandchildren as he makes the rounds on Capitol Hill to push for legislation to pivot the United States to only renewable energy by 2050.


Freeman is clearly hoping to wreck the world's economy before he dies.


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PostPosted: May 06, 2018 6:52 pm 
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TVA doubles net income as colder weather boosts power sales during winter

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Frigid winter temperatures helped to more than double the cold cash earned by the Tennessee Valley Authority in the first three months of 2018 even though the price of power was cheaper than a year ago. TVA said its sales of electricity in the first quarter of calendar 2018 were up 9 percent over a year ago due to a colder-than-normal weather, which pushed up power usage in the majority of homes and businesses that heat their houses and buildings with electricity in TVA's 7-state region. With more plentiful rains boosting hydroelectric generation and cheaper supplies of natural gas, TVA's price of power still fell by a tenth of a penny from 6.9 cents per kilowatthour a year ago to 6.8 cents per kilowatthour this year. TVA President Bill Johnson said the completion of new natural gas plants and another nuclear reactor in the past couple of years, combined with more than $600 million of annual expense cuts and extra rainfall from Mother Nature, have positioned TVA to both boost earnings and cut its monthly fuel cost adjustment. TVA said Friday its net income in the first three months of the year totaled $462 million on sales of $2.75 billion. At the current pace of earnings, TVA could top the record high $1.2 billion earned in fiscal 2016.


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