The Tennessee Advanced Energy Business Council (TAEBC) is hosting an event next week to spotlight a new program authorized by the Tennessee Valley Authority (TVA) and being implemented in Henry County in West Tennessee.
Offered under the “Advanced Energy 101” banner, the virtual event is set for 12 noon EST on November 2. It is sponsored by TAEBC member Silicon Ranch and focused on last year’s change at TVA that allowed local power companies the flexibility to generate up to five percent of their average electric needs from distributed resources. That equates to about 800 megawatts (MW) of new distributed generation, or 2,000 MW if all the generation is solar power, TVA said.
The program was approved by TVA’s Board of Directors in February 2020 and is available to any of the 141 local power companies that have entered into 20-year Long-Term Partnership Agreements with TVA to reduce the amount of energy they buy, potentially cutting their overall energy costs. TVA serves 154 local power companies.
Representatives of the Paris Board of Public Utilities and Silicon Ranch will discuss their partnership. To register, click here.