Dive Brief:
- The Tennessee Valley Authority (TVA) will offer 130 megawatts of renewable energy capacity in 2015 “through a variety of power-purchasing programs for home, business, industrial and wholesale installations,” according to Fierce Energy.
- TVA’s revised Integrated Resource Plan (IRP) will be completed in late 2015 and “serve as TVA's energy roadmap for the future.” TVA has already contracted for 217 megawatts of operating or committed solar. It also has 1,542 megawatts of wind and 64 megawatts of biomass in operation.
- A TVA spokesperson said the utility is working with stakeholders “to determine the true value of renewable energy and balance that value with what's best for the 9 million energy consumers in the Tennessee Valley.”
Dive Insight:
TVA’s definition of renewables is “generation that is sustainable and is generally replenished naturally.” It includes “conventional hydro, wind, solar, methane and biomass co-firing sources.”
A Renewable Standard Offer will cover 100 megawatts of new solar, wind or biomass and will support large projects between 51 kilowatts and 20 megawatts for any of the qualified technologies.
A Solar Solutions Initiative will cover 20 megawatts of solar technology projects in the midsize range of from 51 kilowatts to 1 megawatt.
A Green Power Providers offering will cover 10 megawatts of new solar, wind or biomass of smaller projects of no more than 50 kilowatts.
