2 IRP Recommendations Nuclear generation Coal capacity idled Natural gas as an intermediate supply source Energy efficiency and demand response Pursue 1,500 – 2,500 MW of cost-effective renewable energy by 2020 Pumped storage hydro capacity A Framework for the Future
Resource Nameplate Capacity (MW) Operating Hydroelectric 4,659 Wind* 1,542 Solar 77 Biomass 37 Total Operating 6,315 Resource Nameplate Capacity (MW) Committed ** Hydroelectric 5 Wind 18 Solar46 Biomass 31 Total Committed 100 Total 6,415 IRP Renewable Operating Capacity *** 1,613 TVA Renewable Energy Portfolio (as of 8-1-13) * The owner of a 300 MW facility is retaining the renewable attributes, but TVA has the option to purchase in the future. ** Includes contracted and approved projects, including hydromodernization projects included in the current FY budget. *** All midwest wind projects. Other renewable projects that began operations beginning in FY 11 and later.
TVA serves 155 local power companies and 57 industrial customers in parts of seven states. More than nine million consumers live in the Tennessee Valley region. TVA serves 155 local power companies and 57 industrial customers in parts of seven states. More than nine million consumers live in the Tennessee Valley region. Facts and Figures
Green Power Switch 5 Up to 50 kW >50 kW - 20 MW >50 kW to >50 kW – 1 MW Green Power Providers Supply Solar Solutions Initiative Renewable Standard Offer Family of Options Original Pure Solar (pilot) Southeastern RECs (pilot) Family of Options Original Pure Solar (pilot) Southeastern RECs (pilot) RFP, Unsolicited Proposals/DPP > 20 MW Renewable Energy Programs Demand
6 Launched in April 2000 $4 per 150 kWh block 100% in-Valley supply, minimum 50% solar + wind Testing two pilot options in 2012-2013 127,000 MWh combined sales in 2012 wind methane gas A simple way to increase your use of local renewable energy today for a cleaner environment tomorrow. Green Power Switch solar
Family of Options Pilots Green Power Switch Pure Solar 99.1% SERC region Green-e Any +.9% GPP solar $3 per REC; 2,000 REC minimum Green-e Certified 99.1% SERC region Green-e Any +.9% GPP solar $3 per REC; 2,000 REC minimum Green-e Certified Southeastern RECs Pilots available in only 6 power company regions 100% Green Power Providers solar $8 per 50 kWh Not Green-e certified 100% Green Power Providers solar $8 per 50 kWh Not Green-e certified Georgia Tennessee Alabama Kentucky Mississippi Missouri North Carolina South Carolina Virginia Arkansas Illinois
8 Green Power Providers A long-term, sustainable renewable energy program that offers customers the option to build renewable generation. Retail rate + $.09/kWh first 10 years for 100% of energy, retail only for year 11 - 20 Annual cap of 10 MW Solar, wind, low-impact hydro, biomass Up to 50 kW Declining annual premium beginning 2013 based on market conditions
Solar Adoption in Tennessee Valley Generation Partners Pilot Redesigned Generation Partners Pilot Replaced with Green Power Providers, Annual Cap Applied MW 551% increase!