TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo
FY24 Portfolio Summary*
Fuel and purchased power • Expected 169,228 GWh • $4.0 billion fuel and purchased power • Signing up to 7,500 MW (non-solar, -wind, or -storage) over the next three years for wholesale purchased power agreements (PPAs) to meet capacity needs Demand-side management • $148.8 million Virtual Power Plant (VPP) demand response • $101.5 million VPP energy efficiency • $25.1 million community energy efficiency • $10.1 million clean energy services
Renewable commercial transactions • TVA is partnering with customers to meet their long- term sustainability needs • Signing up to 8,000 MW of solar, wind, and storage over the next three years to address system and customer needs Other and supporting activities • 2.5 million renewable energy certificates held in reserve to support future carbon goals • Valley partner enhanced power supply flexibility of 800 to 2,000 MW • Anticipating $200 million of external funding for energy efficiency over the next three years
*Approval of the Commercial Transactions Contracting Plan includes authorization for all contracts that are in substantial conformance with the Plan.
TVA Restricted Information - Deliberative and Pre-Decisional Privileged
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