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TVA Seeks 126 MW of Renewables in 2014

December 2013 - The Tennessee Valley Authority (TVA) is increasing the capacity of its renewable energy power purchase programs by 7 peercent over 2013, with a total capacity of 126 megawatts (MW) being offered. The increase in capacity is being spread across two of TVA's three power purchase programs — Green Power Providers, Solar Solutions Initiative, and the Renewable Standard Offer. The Green Power Providers program has 10 MW of available capacity for the development of small-scale solar, wind, biomass and hydro generation systems that are 50 kilowatts (kW) or less. Within the Green Power Providers program TVA has doubled the residential capacity from 2 MW to 4 MW and will be paying all power providers a total of 14¢ per kilowatt-hour (kWh). The Solar Solutions Initiative program, which focuses on installations between 50 kW and 1 MW, has been expanded from 10 MW of capacity to 16 MW and now pays a premium of 6¢/kWh. TVA's third power purchase program, the Renewable Standard Offer continues to have 100 MW of available capacity for projects between 1 MW and 20 MW. Prior to these program expansions TVA's renewables portfolio consisted of 128 MW of operating or committed solar, 1,500 MW of wind, and 60 MW of biomass.

News Story - TVA moves forward with Plans to Increase Solar Energy Capacity, Expand Renewable Programs

Additional Information - 2014 Green Power Providers Program

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