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Tamarack Valley Energy

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FY2023 Annual Report · Tamarack Valley Energy
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“I felt like I was where I was needed – there to help these people.”  
— Carolyn Ward, TVA community relations specialist, West Region

Local power company partners sent transmission crews 
and Louisville Utilities arrived with a log truck, equipment 
and wooden poles.  

“Unfortunately, we’re getting very practiced at coming in 
after a devastating event,” Mark Yates, TVA regional vice 
president of the West Region, said.   

“It’s the strength of the public power model,” Wooten said, 
recalling Armory Utilities manager Mike King’s sentiments 
about the support his community received. “Seeing so 
many people come together so quickly and with such 
determination is remarkable.”  

TVA crews identified downed lines and damaged 
structures and began repairs. They worked closely with 
local power companies, including Southwest Tennessee 
EMC and Covington Electric System.   

As TVA crews replaced damaged transmission structures 
and returned a substation to service, other TVA 
employees provided food, water and supplies to workers 
and residents.   

Food, water and supplies were provided to line crews  
and residents.  

By April 1, TVA energy once again flowed to all local 
power companies.  

Among them was Carolyn Ward, a TVA community 
relations specialist for the West Region.  

“I felt like I was where I was needed – there to help these 
people,” Ward said.  

The spirit of community rose quickly.   

“What touched me the most was seeing people come to 
the center and be so gracious for even the simplest of 
things, like a case of water or a tarp,” she said.   

Then, on March 31, storms hit multiple west Tennessee 
counties. The city of Covington sustained significant damage.   

“I’m proud of our team – the way they rallied and respond-
ed quickly to get the power flowing again,” Doug Bailey, 
TVA vice president of Power System Advancement, said.   

TVA also provided $50,000 for supplies and equipment at 
two Covington schools the tornadoes had destroyed.   

“This is another example of the kindness we have seen 
from many of our neighbors across west Tennessee,” 
Covington Electric System manager Tim Sallee said. “TVA 

has been a valued partner working behind the scenes before 
the tornado struck and throughout the recovery efforts.”  

Ford Motor Co. provided temporary buildings for students.

“At the end of the day, we’re all serving our communities 
as best we can and providing the needs that are essential to 
life,” Wooten said. “I’m proud to be a part of this great effort.”  

Yates marveled at the power of these partnerships.     

“Through these storms, we’ve had a tremendous 
opportunity to see how we live our mission,” Yates said. 
“What it means to make life better for these communities 
and how we define that in moments where there is 
loss of life but also a sense of hope as everyone joins 
together to rebuild.”  

West Kentucky storm  
recovery continues  

TVA and its partners continue to provide much-needed 
support to western Kentucky communities recovering 
from the ravages of a December 2021 tornado.  

Most recently, TVA allocated $250,000 for the Living 
Lands and Water cleanup of Kentucky Lake, which is 
littered with debris from homes the tornado destroyed. The 
lake is home to Kentucky Dam, a TVA hydroelectric plant.  

Additionally, TVA earmarked $120,000 to purchase 
about 400 electric water heaters for homes undergoing 
repair or construction, all in the service region of local 
power company partners Mayfield Electric and Western 
Kentucky Rural Electric Cooperative Corporation. 

TVA also provided 20 industrial storage containers to 
help residents and builders store materials, as well as a 
business trailer to Mayfield Electric to be used as much-
needed space. 

The western Kentucky region has battled other severe 
weather since the tornado. 

When floods hit this past summer, TVA provided $2,000 
for supplies and cleanup materials.  

And, in keeping with proud traditions, TVA once again  
co-funded Mayfield’s Fourth of July fireworks display at 
the community’s “Glory Days” celebration. 

TVA ANNUAL REPORT FY 2023

21

SHAPING TOMORROW’S 
ENTREPRENEURS

TVA contributed $3 million to the Tennessee Urban 
League Affiliates in September 2022 to grow 
statewide business development programs over a 
three-year period.  

TULA is using the money to fund its workforce 
readiness training centers, information technology 
programs and executive leadership programs across 
the state.  

TVA has long partnered with TULA, which is affiliated 
with the National Urban League and works to help 
African Americans and underserved urban residents 
secure equity and economic self-reliance. TULA has 
operations in Chattanooga, Knoxville, Memphis  
and Nashville.   

From left: Allen Clare, vice president of Power Operations 
Performance Improvement; Carol Eimers, TVA regional vice 
president, East Region; Candy Johnson, President & CEO of The 
Urban League of Greater Chattanooga; and Taquiya Thompson,  
TVA community relations manager, volunteer at the Shoes for 
School event in Chattanooga.

‘Exciting 
partnership’  
TVA and MLB legend ensure 
students have a ball with 
STEM learning  

What do TVA and one of Major League 
Baseball’s most famous families have  
in common?  

A commitment to helping young people 
succeed.  

In summer 2023, TVA committed $1.1 million 
in funding to the Cal Ripken Sr. Foundation. 
Former MLB players Cal Ripken Jr. and Bill 
Ripken founded the organization in honor of 
their father, Cal Ripken Sr., a Hall of Famer who 
worked for the Baltimore Orioles for 36 years.  

The Ripken Foundation’s STEM initiative aims 
to provide elementary and middle school 
youth in underserved neighborhoods with the 
opportunity to participate in STEM activities.  

TVA’s contribution has enabled the installation 
of 27 science, technology, engineering and 
math centers at youth-serving organizations 
across TVA’s seven-state service territory. 
STEM centers will include educational products, 
technology and furniture, along with ongoing 
technical support and the creation of new 
lessons tied to TVA’s history and focus areas. 

“This is an exciting partnership for reaching 
students with STEM-related concepts,” 
siad Althea Jones, senior manager of TVA 
Stakeholder Relations, “We added TVA 
curriculum to these centers to excite children 
about the types of jobs that are available when 
they grow up.”

“This is an exciting partnership for reaching students with STEM-
related concepts. We added TVA curriculum to these centers to 
excite children about the types of jobs that are available when they 
grow up.” — Althea Jones, TVA senior manager of Stakeholder Relations

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TENNESSEE VALLEY AUTHORITY

TVA ANNUAL REPORT FY 2023

29

Among the initiatives:   

(cid:0)„  TVA has invested $20.4 billion over the past 10 years 
to maintain existing assets, build a diverse portfolio 
of new generation and make transmission system 
improvements.    

(cid:0)„  From 2024 to 2028, TVA plans to invest $16.4 billion in 

existing and new generation assets. 

(cid:0)„  From 2024 to 2028, TVA plans to invest $3.7 billion in 

transmission system improvements, including the new 
state-of-the-art Primary System Operations Center in 
Meigs County, Tennessee.       

(cid:0)„  In July, TVA reached a milestone when three new units 

at the Colbert Combustion Turbine site in north Alabama 
began commercial operation. That project added 681 
megawatts of capacity – ahead of schedule and  
under budget.  

(cid:0)„  TVA is working to expand from its current 3,200 

megawatts of solar capacity commitments to 10,000 
megawatts by 2035. In 2022, TVA issued one of the 
nation’s largest-ever requests – up to 5,000 megawatts 
– for proposals for carbon-free energy. The final projects 
could start to come online as early as 2026.   

(cid:0)„  TVA is researching and pursuing innovative technologies 
such as long-duration energy storage, pumped storage 
and carbon capture.   

(cid:0)„   Under multiple contracts and memoranda of 

understanding with designers, engineering firms, 
investors, and other government agencies, TVA is 
evaluating small modular reactor (SMR) technology and 
planning for licensing and potential deployment of SMRs 
at its Clinch River site in Roane County, Tennessee.  

(cid:0)„  TVA is refocusing its energy efficiency and demand 
response initiatives to help families, schools and 
businesses reduce their energy use. This will also help 
businesses and industries reduce or shift their energy 
use during periods of high demand.

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TENNESSEE VALLEY AUTHORITY

TVA ANNUAL REPORT FY 2023

37

To meet growing demand, TVA is 
adding generation that includes solar, 
energy storage, combustion turbines 
and combined cycle natural gas:

681 MW

Combustion turbines at Colbert

681 MW

Combustion turbines at Paradise

1,450 MW

Combined cycle combustion 
turbines at Cumberland

500 MW

Peaking aeroderivative units  
at Johnsonville

200 MW

Solar project,  
Lawrence County, Alabama

99 MW

Solar project at Shawnee site, 
pending environmental review 
and receipt of necessary permits

20 MW

Battery Energy Storage Project, 
Vonore, Tennessee 

TVA is working to expand its nearly 
3,200 megawatts of solar capacity 
commitments to 10,000 megawatts  
by 2035. 

TVA’s Primary System Operations 
Center is under construction in  
Meigs County, Tennessee. 

The heart of  
the system   

TVA’s new Primary System Operations 
Center is a $332 million investment to 
deliver affordable, reliable, clean energy 
to customers around the clock, every 
day, across the nearly 80,000 square 
miles TVA serves.  

This new center will serve as the heart of 
the energy system of the future.   

About 200 TVA employees will work 
there to manage the flow of energy 
across the region, dispatching electricity 
from generating sites to wherever it 
needs to go, when it needs to go there, 
minute by minute.   

The state-of-the-art system will help 
lower costs and avoid outages, ultimately 
increasing reliability.  

The facility’s software also offers a key 
advantage: It will better support the 
renewable energy sources that come 
online across TVA’s region.  

Construction is wrapping up in CY 2024 
and systems testing is expected to begin 
that same year. The center expected to be 
fully operational in CY 2026.

TVA ANNUAL REPORT FY 2023

39

‘A detailed look’  
TVA, partners embark on  
integrated resource planning

Seeking public input 

As TVA works to build a cleaner, more flexible energy 
system, public input will continue to be an important part 
of the process.  

Tremendous population growth in the region. Increased 
demand for electricity. Advances in clean technologies. 
A drive toward a clean energy economy. Changing 
regulations.  

TVA seeks public feedback under the National 
Environmental Policy Act, which requires that agencies 
consider the potential environmental impacts of proposed 
major projects and involve the public in the process.  

These are just some of the circumstances that have led 
TVA to embark on its next Integrated Resource Plan, 
which will evaluate how the agency can meet customer 
demand for electricity between now and 2050 across a 
variety of future scenarios.  

In summer 2023, for example, TVA sought public input on 
several power generation initiatives, including:  

(cid:0)„  The review of solar energy and battery storage projects 

that could be built on private and TVA-owned land 

“We must continue providing our communities and 
customers with energy security – energy that is affordable, 
reliable and resilient – while also being clean,” Jeff Lyash, 
TVA President and CEO, said. “That’s why it’s important 
to take a detailed look at where we’re headed through an 
Integrated Resource Plan.”  

A programmatic Environmental Impact Statement will 
accompany the IRP to address its environmental effects.  

TVA currently follows the 2019 IRP, which the TVA Board 
adopted in August 2019. The next IRP, expected to be 
completed in summer 2024, will lay the foundation for 
TVA’s asset strategy and the next long-range financial plan.  

Stakeholder engagement is a critical aspect of the IRP. 
TVA formed a diverse working group of stakeholders 
who meet regularly to provide guidance. Periodic public 
meetings will be scheduled to keep members of the 
public updated on IRP progress. The public will also have 
an opportunity to provide comments on the draft IRP, 
expected in spring 2024.  

“The IRP is really a stakeholder engagement exercise,” 
Melanie Farrell, vice president of TVA External Strategy 
& Regulatory Oversight, said. “TVA’s system planning is 
an ongoing, iterative process, but the IRP is different. It 
brings in stakeholders and the public and incorporates 
their broad perspectives into our planning.” 

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TENNESSEE VALLEY AUTHORITY

(cid:0)„  The retirement of the Kingston Fossil Plant and the 
addition of new natural gas or solar generation 

(cid:0)„  The possible expansion of TVA’s existing pumped 
storage facility or construction of a new facility 

(cid:0)„  The potential construction of new natural gas 

combustion turbines and battery energy storage 

(cid:0)„  The development of TVA’s 2024 Integrated Resource Plan 

The public also participated in several other projects, 
including a bridge construction proposal at Wilbur 
Reservoir, a shoreline development proposal near 
Chattanooga and a project that would modify a small  
dam to improve safety near the John Sevier plant. 

Integrated Resource Plan: 
Provides strategic direction 
as TVA continues to supply 
affordable, reliable, resilient 
and clean energy for the  
Valley region

‘Diverse perspectives and experience’

On Jan. 4, 2023, TVA welcomed six new members to its 
Board of Directors, creating its first full complement of Board 
members since 2019.  

The newest members are Beth Geer, of Brentwood, 
Tennessee; Bobby Klein, of Chattanooga, Tennessee; 
Michelle Moore, of Midlothian, Virginia; Bill Renick, of 
Ashland, Mississippi; Joe Ritch, of Huntsville, Alabama; 
and Wade White, of Eddyville, Kentucky.  

“We are delighted to have them on the TVA team during 
this challenging but exciting period,” Bill Kilbride, former 
Board Chair, said. “They each bring diverse perspectives 
and experience that will help guide TVA as it plans for  
the future while celebrating its 90th year of service to  
the region.”  

They join existing members Kilbride, of Chattanooga, 
Tennessee; Beth Harwell, of Nashville, Tennessee; and 

Brian Noland, of Johnson City, Tennessee. 

TVA Board members are nominated by the U.S. 
President and confirmed by the Senate. Each member 
serves a five-year term. 

At their February 2023 meeting, Board members elected 
Kilbride to remain as Chair until November 2023 and they 
elected Ritch, a former TVA Board Chair, to succeed 
Kilbride.  

As provided by the TVA Act and the TVA Bylaws, the 
principal responsibilities of the Board are to establish 
broad strategies, goals and objectives and to set long-
range plans and policies. They then ensure these plans 
and policies are implemented by TVA’s staff, which is led 
by the CEO. Directors swear an oath to perform the duties 
of the office faithfully and impartially. TVA Board meetings 
are open to the public.  

Enterprise Leadership Team
The strength of TVA is our people, and our senior leadership 
team is no exception.

With years of experience, our talented and diverse senior leaders are 
committed to and oversee all TVA strategy, policy and operations 
and are responsible for delivering TVA’s mission of service through 
affordable, reliable and resilient power, environmental stewardship 
and economic development. 

Jeff Lyash
President and CEO

Timothy Rausch
Executive Vice President and 
Chief Nuclear Officer

Sue Collins
Executive Vice President and  
Chief Human Resources and  
Administrative Officer

Jeannette M. Mills
Executive Vice President and 
Chief External Relations Officer

Don Moul
Executive Vice President  
and Chief Operating Officer

David B. Fountain
Executive Vice President and 
General Counsel

John M. Thomas III
Executive Vice President 
and Chief Financial and  
Strategy Officer

Beth Geer 
Brentwood, TN

Bobby Klein 
Chattanooga, TN

Michelle Moore 
Midlothian, VA

Bill Renick 
Ashland, MS

Joe Ritch 
Huntsville, AL

Wade White 
Eddyville, KY

“We are delighted to have them on the TVA team during this challenging 
but exciting period. They each bring diverse perspectives and experience 
that will help guide TVA as it plans for the future while celebrating its 90th 
year of service to the region.”  
— Bill Kilbride, former TVA Board Chair

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TENNESSEE VALLEY AUTHORITY

TVA ANNUAL REPORT FY 2023

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