TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo
RECs Overview and Strategy (2/2)
Risks Compliance with NC REPS The North Carolina Utilities Commission legislated new requirements in December 2022 Datacenter load has increased TVA's North Carolina sales by ~45%, further driving up compliance obligations Existing North Carolina REC supply is not enough to meet increased compliance requirements Current market availability to purchase additional North Carolina RECs is limited Strategy Explore North Carolina REC opportunities (no energy) for projects in construction phase Evolve Green Invest REC pricing strategy to align with procurement opportunities from the 2022 carbon-free RFP Evaluate future opportunities to transition retail-facing and small-scale renewable programs to LPCs
TVA Restricted Information - Deliberative and Pre-Decisional Privileged
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