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OVERVIEW OF TVA DRAFT 2025 IRP + EIS

STAKEHOLDER AND PUBLIC INVOLVEMENT Before the IRP began, TVA led a Utility of the Future Information Exchange to provide a forum for a diverse set of stakeholders to discuss the IRP process and broad issues they believed should be considered in the upcoming IRP. In May 2023, TVA published a Notice of Intent in the Federal Register. That initiated a 45-day public scoping comment period. During that time, TVA gathered public input that helped frame the IRP effort. We established the IRP Working Group, a diverse group of stakeholders who are meeting regularly to provide comprehensive feedback on the IRP. The Regional Energy Resource Council (RERC), a federal advisory committee that provides formal advice to the TVA Board of Directors, also is engaged in the process. Public participation is vital, and TVA has received comments during quarterly TVA Board listening sessions, at RERC listening sessions and during informational IRP webinars. Our IRP website (tva.com/irp) provides up-to-date IRP information, including FAQs and responses to questions asked during public webinars. We are now entering the next phase of the process, with the draft IRP and EIS published on Sept. 23, 2024. To further explain what’s in the documents and gather your input, we are holding two webinars and 10 in-person meetings across the region during the public comment period, which runs through Dec. 11, 2024. We want to hear from residents and communities around the region. Your insights and opinions are critical to the process as we plan how TVA will meet future power demand.

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PRESENT DRAFT IRP FOR PUBLIC COMMENT* Fall 2024

SCOPING* Spring/Summer 2023

DEVELOP INPUTS &

ANALYZE & EVALUATE Spring/Summer 2024

INCORPORATE INPUT ON DRAFT IRP Winter 2024

IDENTIFY STRATEGIC PORTFOLIO DIRECTION Winter/Spring 2025

PRESENT RECOMMENDATION Spring/Summer 2025

FRAMEWORK Fall 2023/Winter 2024

*Opportunity for public feedback during 45-day scoping and 75-day draft IRP and EIS public comment periods.

DETAILS ABOUT LONG-TERM PLANNING TVA’s integrated resource planning is grounded in fundamental least-cost principles: low cost, risk informed, environmentally responsible, reliable and resilient, diverse and flexible. Long-term planning entails considering future energy demand, evolving regulations, current power generation resources and new resource options, then determining what new power resources would work best to fill future capacity needs. As more renewable resources such as solar and wind are added to the system, firm resources that can generate power at any time will also be needed to maintain system reliability and flexibility. For example, natural gas units can provide energy when renewable resources are not generating, and they can ramp up and down as solar and wind generation varies. The IRP helps identify the optimal mix of resources to meet the region’s future energy needs.

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