Skip to main content

Meetings Archive

TVA Board Meeting - November 7, 2024


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.

Agenda

Listening Session Recap

Presentation

Streaming Video