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TVA Board Meeting Recap - November 7, 2024

The Tennessee Valley Authority Board of Directors recognized TVA's 2024 industry-leading performance during its quarterly meeting held Nov. 7 in Murray, Kentucky.

TVA recorded multiple achievements across the enterprise during 2024 that addressed load growth and supported communities across seven states. Accomplishments included completing one of the best safety years in TVA history, producing more than half of TVA's energy from carbon-free generation, and meeting the all-time peak power demand record of 34,577 megawatts at 8 a.m. CT on Jan. 17 during Winter Storm Heather.

"I am inspired by the spirit and commitment of our employees and the results they achieved," said Jeff Lyash, TVA President and CEO. "We were tested this year, and our employees rose to the challenge to reach record-setting performance."

The population in TVA's region is growing three times faster than the national average. TVA plans to invest about $16 billion through FY 2027 to build new generation and infrastructure and enhance the reliability of existing assets.

The Board also highlighted the agency's progress to power the region's record population and economic growth and TVA's strong financial health; extended the Draft Integrated Resource Plan public comment period to 75 days due to the impact of Hurricane Helene; and approved a greater than 100-megawatt firm power arrangement.

Read the full press release here.

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Listening Session Recap

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Regional Energy Resource Council Meetings

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109 North, Tennessee (Sumner County)

Appalachia Area Improvement, Tennessee and North Carolina

Belmont Stage 2, Mississippi (Clay, Lowndes, and Oktibbeha Counties)

Blue Ridge, Georgia (Scenic Drive)

Bristol, Tennessee (South Bristol)

Cates Landing (Lake County, Tennessee)

Claysville, Alabama

Columbia, Tennessee (Fiberon)

Commerce Park II (St. Elmo), Kentucky (Christian and Todd Counties)

Dickson, Tennessee

Fall Creek, Tennessee (Wilson and Rutherford Counties)

Florence, Alabama (Iron City)

Gallatin, Tennessee (North Gallatin)

Hardin Valley, Tennessee

Harding Spring-Gladstone, Alabama (Limestone and Madison Counties)

Helicon-Trade, Alabama

Jones Chapel, Alabama (Cullman and Winston Counties)

Kentucky Area Improvements Phase II (Logan and Todd Counties)

Lewis Chapel, Tennessee (Dunlap)

Lexington, Tennessee (West Lexington-Jacks Creek)

Environmental Reviews

Closure of Coal Combustion Residual Impoundments

2015 Rate Change

2018 Rate Change

2019 Integrated Resource Plan

250 Linear Feet of Shoreline Stabilization - Watts Bar Reservoir

Access Road and Borrow Areas for the Cumberland Fossil Plant

Adamsville Solar Project

Allen Aeroderivative Combustion Turbine Project

Allen Fossil Plant Ash Impoundment Closures

Allen Fossil Plant Decontamination and Deconstruction Environmental Assessment

Allen Fossil Plant Emission Control Project

Amendments to the Watts Bar Reservoir Land Management Plan

Anderson 500-kV Substation and Associated System Modifications

Animal Damage Management on TVA-Owned Land

Appalachian Regional Commission Grant Proposal for Emory Valley Center

Artesia-West Columbus Power System Improvements

Ashland, Mississippi — 161 kV Delivery Point

Asian Carp Mitigation Project

Bacon Bend Peninsula Habitat Improvement Project

Bean Bowl Development Section 26a Approval

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