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TVA Board Meeting - February 13, 2025


TVA Board Meeting Recap - February 13, 2025

The Tennessee Valley Authority Board of Directors reinforced that TVA will continue to invest in its power system to ensure affordable, reliable, and resilient power for the people of its seven-state region during its quarterly meeting held in Knoxville, Tennessee, on Feb. 13.

After meeting two consecutive all-time peak power demands in 2024 and 2025, TVA is working to grow the region’s power grid to maintain energy security and support an American-made energy future through innovation, manufacturing and expertise.

“The strongest economy in the world will set the global agenda, and we want to ensure that the United States has the strongest economy,” said Jeff Lyash, TVA President and CEO. “To accomplish this, it will take all forms of power generation, and TVA is fully aligned with the Administration’s policy to unleash American energy.”

The region continues to grow faster than the U.S. overall. TVA anticipates investing nearly $16 billion to create one of the nation’s most advanced, reliable and efficient power grids to support the growing population, industrial electrification and onshoring of manufacturing.

Lyash noted TVA has one of the nation’s largest and most diverse generation portfolios. Current planning includes building about 5,500 megawatts of new firm, dispatchable generation by 2029 and adding up to 10,000 megawatts of solar by 2035.

TVA also continues to work with industry partners to lead the nation in developing small modular reactor technology.

“Nuclear power is the most reliable and efficient energy the world has ever known, and these partnerships will help drive this project forward,” Lyash said. “Nuclear power is critical to our nation’s long-term energy future.”

In other business, the board:

  • Elected Bill Renick as the new Chair Elect to serve a two-year term.
  • Voted to surplus the Missionary Ridge and Blue Ridge buildings at TVA’s Chattanooga Office Complex.
  • Voted to approve the Shawnee SO2 Controls project.

Read the full press release.

Agenda

Approved Resolutions

Listening Session Recap

Presentation

Streaming Video