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Latest TVA Stories

2010-11-19 14:05:00

KNOXVILLE, Tenn., Nov. 19, 2010 /PRNewswire/ -- Extreme summer and winter temperatures and a slowly improving economy increased demand for electricity from the Tennessee Valley Authority by about 6 percent in fiscal 2010, compared with the previous year, the utility reported Friday in its annual Form 10-K, filed with the Securities and Exchange Commission. TVA also maintained 99.999 percent service reliability for the 11th straight year and reduced its electricity prices by more than 9...

2010-11-16 00:00:55

Capital Window Fund, LP, a $100MM private equity fund; TVA Capital, LLC, a FINRA-registered broker-dealer and The Venture Alliance (TVA), the recognized leader in providing FICO-like scoring for private equity companies announced today the signing of a strategic cooperation agreement among their respective companies. Capital Window Fund will be using the TVA scoring system to screen and pre-qualify all investments prior to serious consideration. Further, Capital Window Fund has committed...

2010-11-10 10:43:00

ATHENS, Ala., Nov. 10, 2010 /PRNewswire-USNewswire/ -- Randal Petty, a senior project manager in the Tennessee Valley Authority's Power System Operations' Electric System Projects group, has been honored as TVA's Ike Zeringue Engineer of the Year. (Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100304/TVALOGO) The award, presented to Petty at the TVA board of directors meeting on Nov. 4, 2010, is named for TVA's retired President...

2010-11-08 14:13:00

KNOXVILLE, Tenn., Nov. 8, 2010 /PRNewswire-USNewswire/ -- The Tennessee Valley Authority's tax equivalent payments to state and local governments reached $550 million in fiscal year 2010, a 9 percent increase from 2009. (Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100304/TVALOGO) The TVA board of directors on Thursday, Nov. 4, approved the final payment for 2010 and estimated payments of $520 million for 2011. TVA makes payments...

2010-11-04 13:41:00

ATHENS, Ala., Nov. 4, 2010 /PRNewswire-USNewswire/ -- The Tennessee Valley Authority delivered good performance in 2010, keeping reliability high and prices competitive, despite stress that extreme weather placed on TVA's electric power infrastructure, President and CEO Tom Kilgore told the utility's board of directors Thursday. (Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100304/TVALOGO) Increased power demand during a...

2010-10-20 08:00:00

BRISTOL, Tenn., Oct. 20 /PRNewswire/ -- On Wednesday, Bristol Tennessee joined an elite group of locations identified by a recent Deloitte Consulting study as a TVA pre-qualifier for a data center site. Bristol is one of only 12 locations in the seven-state Tennessee Valley region to receive the designation. As a pre-qualifier, the Bristol West Industrial Park, located at 420 Bristol West Blvd. near the Tennessee/Virginia border, meets the criteria for electric service, fiber service,...

2010-10-08 11:36:00

KNOXVILLE, Tenn., Oct. 8 /PRNewswire-USNewswire/ --The Tennessee Valley Authority has added another source to its growing renewable power portfolio with the announcement Friday of a new TVA initiative for mid-size renewable generators. (Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100304/TVALOGO) The TVA Renewable Standard Offer will encourage more renewable development within the region by allowing developers to enter into...

2010-10-07 10:25:00

KNOXVILLE, Tenn., Oct. 7 /PRNewswire-USNewswire/ -- The Tennessee Valley Authority Board of Directors reached its full nine-member capacity Thursday when four business and academic leaders appointed by President Barack Obama were sworn into office. (Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100304/TVALOGO) Joining the board are: William B. "Bill" Sansom of Knoxville, Tenn., who was reappointed; Barbara S. Haskew of Chattanooga,...

2010-09-29 15:58:00

KNOXVILLE, Tenn., Sept. 29 /PRNewswire-USNewswire/ -- The first combined cycle natural gas-fueled power plant in the state of Tennessee is officially operating, the Tennessee Valley Authority announced Wednesday. (Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100304/TVALOGO) The Lagoon Creek Combined Cycle Plant, near Brownsville, Tenn., began commercial operation with a generating capacity of 550 megawatts. Combined cycle plants...

2010-09-23 12:57:00

KNOXVILLE, Tenn., Sept. 23 /PRNewswire-USNewswire/ -- More than 372 businesses across the Tennessee Valley Authority service area reduced their electricity use this summer as part of a program that is helping TVA and all consumers save energy and money. (Logo: http://photos.prnewswire.com/prnh/20100304/TVALOGO) (Logo: http://www.newscom.com/cgi-bin/prnh/20100304/TVALOGO) TVA, regional power distributors and energy management contractor EnerNOC worked together to lower peak power demand...


Word of the Day
omadhaun
  • A fool; a simpleton: a term of abuse common in Ireland and to a less extent in the Gaelic-speaking parts of Scotland.
This word is partly Irish in origin.