This option empowering local generation adds another avenue to grow distributed and renewable energy resources across the Valley," said Doug Perry, TVA senior vice president, Commercial Energy Solutions. TVA receives no taxpayer funding, deriving virtually all of its revenues from sales of electricity. "TVA's integrated resource strategy continues to bring cleaner, greener power to the region while maintaining low rates and reliability. Click to see our monthly roundup of recent legislation and research throughout the country.Copyright © 2020 WTWH Media, LLC. “As America’s solar company, we’re proud to be partnering with TVA to deliver cleaner solar electricity to the people of Knoxville, Tennessee, using solar module technology that was designed and developed in America.”The KUB project is a milestone because it marks a 60% increase in TVA’s operating and contracted solar capacity since the start of fiscal year 2020.In March, TVA announced a contract with Origis Energy to develop a 200-MW solar site in Lowndes County, Mississippi, for TVA, with 35 MW of this facility supporting KUB’s Green Invest purchase.“We thank Lowndes County, TVA and KUB leadership,” said Johan Vanhee, Origis Energy chief commercial officer & chief procurement officer. All Rights Reserved. TVA's power system is the "greenest" power system in the southeast United States - having the highest percentage of clean generation among regional peers including nuclear and hydroelectric power. "Customers demand additional solar power, and now we can have local solutions in place to quickly improve the competiveness of our region by proactively meeting those demands." Through the flexibility provision, LPCs will collectively be able to deploy between 800 MW and 2000 MW of distributed generation, based on resource type, if all 154 LPCs took advantage of the LTPA.
LPCs will then put the locally generated energy on their distribution system for customers' use.The final Environmental Assessment presents a revised preferred alternative that allows for 2.5 times more solar than was defined in the draft Environmental Assessment, which was open for public comment this spring. This will be in addition to the up to 5% of annual load that it may now generate locally and options available through the TVA Green portfolio of renewable solutions.TVA is a national leader in carbon reduction with nearly 60% carbon-free energy generation. In addition to operating and investing its revenues in its electric system, TVA provides flood control, navigation and land management for the Tennessee River system, and assists local power companies and state and local governments with economic development and job creation. "Working with our local power company partners, we continue to bring new solutions to market that reduce carbon, meet changing customer needs and attract jobs into our communities. “TVA’s integrated resource strategy continues to bring cleaner, greener power to the region while maintaining low rates and reliability. ""This is very positive for our community, and we see a need for local generation right now," said BrightRidge CEO Jeff Dykes. We’ve made several changes to the program to enhance the overall ERSB+I experience. Green Invest is available to local power companies, and business and industrial customers across TVA’s seven state service territory.
Energy Right Solutions for Business.
The Tennessee Valley Authority has selected First Solar and Origis Energy to develop 212 MWAs part of the initiative, TVA has entered into a 20-year PPA with the 177-MW Ridgely Energy Farm in Lake County, Tennessee, developed by First Solar. “This Green Invest partnership demonstrates a new model for how renewable energy projects can benefit multiple communities as we deliver on this clean energy promise.”“We were very pleased to be able to work with TVA on this landmark agreement, which will help us to support climate goals in our community,” said Gabriel Bolas, KUB president and CEO. Currently, 140 of 154 LPCs have entered into 20-year Long-Term Partnership Agreements with TVA. Select a … “We thank Lowndes County, TVA and KUB leadership,” said Johan Vanhee, Origis Energy chief commercial officer & chief procurement officer. The Tennessee Valley Authority announced Monday (6/22) that an Environmental Assessment determined a Finding of No Significant Impact that will green light most local power companies across the Tennessee Valley to locally generate a portion of its own load to meet customer needs. “Customers demand additional solar power, and now we can have local solutions in place to quickly improve the competiveness of our region by proactively meeting those demands.” In March, Knoxville Utilities Board announced their partnership with TVA under the Green Invest program to produce carbon-free energy equivalent to 8% of KUB’s annual electrical load. As of 9/29/17, all applications must be submitted by an active member of our Preferred Partner Network. "In March, KUB announced that it is partnering with TVA under the Green Invest program to produce carbon-free energy equivalent to 8% of KUB's annual electrical load. All commercial and industrial customers with a contract demand of 5,000 kilowatts or less, such as schools, hospitals, office buildings and warehouses are eligible. In March, TVA announced a contract with Origis Energy to develop a 200-MW solar site in Lowndes County, Mississippi, for TVA, with 35 MW of this facility supporting KUB’s Green Invest purchase.