TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo
Natural Gas Overview and Strategy (2/3)
Risks Natural gas is firmly a global commodity and availability/price will be heavily influenced by geopolitical risk, international supply and demand drivers, and other domestic influences which impact price volatility Managing volumetric and price volatility • Volumetric natural gas volatility will increase as power generation, renewables growth, and exports increase widening seasonal demand min/max needs requiring additional physical volumetric management through contracting and balancing services • Volumetric volatility will also drive upward pressure in pricing volatility requiring hedge management to help minimize impacts to TVA’s ratepayers Execution of pipeline infrastructure projects • Required to support new gas-fired generation assets, but opposition from environmental groups and evolving regulations could potentially limit infrastructure growth
TVA Restricted Information - Deliberative and Pre-Decisional Privileged
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