TVA to retire coal fleet by 2035, CEO says, with renewables, gas and nuclear on the table as replacements

Read the full story at Utility Dive.

The Tennessee Valley Authority’s (TVA) plans to phase out its aging fleet of coal plants within the next 15 years because the plants, like most coal plants, are becoming uneconomical to operate.  

For TVA, all replacement options, including natural gas and nuclear, are on the table as it tries to meet the Biden administration’s power sector decarbonization goals and its own mandate to deliver low cost and reliable power to its ratepayers, Jeffrey Lyash, TVA president and CEO, said on Wednesday during an Atlantic Council conference. The federally-owned utility has retired about 60% of its coal generation, he said at the event.

Coal plant replacement options and the TVA’s carbon reduction goals will be discussed at next Thursday’s board of directors meeting, TVA spokesperson Jim Hopson said, and officials expect the federal utility to open up a new integrated resource plan (IRP) process.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: