TVA Looks for 126 MW of Renewables in 2014

The Tennessee Valley Authority (TVA) is increasing the capacity of its renewable energy power purchase programs by 7% over 2013, with a total capacity of 126 megawatts (MW) being offered. The increase in capacity is being spread across 2 of TVA's 3 power purchase programs, Green Power Providers, Solar Solutions Initiative, and the Renewable Standard Offer. The Green Power Providers plan has ten MW of accessible 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 plan TVA has doubled the residential capacity from two MW to four MW and will be paying all power providers a total of 14 cents per kilowatt-hour (kWh). The Solar Solutions Initiative program, which focuses on installations between 50 kW and one MW, has been expanded from ten MW of capacity to 16 MW and now pays a premium of six cents/kWh. TVA's 3rd power purchase program, the Renewable Standard Offer continues to have 100 MW of accessible capacity for plans between one MW and 20 MW. Prior to these plan 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 Projects to Increase Solar Energy Capacity, Expand Renewable Programs

Additional Information - 2014 Green Power Providers Plan

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