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TVA Board Meeting - FY24 Financial plan and budget- Reso-Memo

Natural Gas Spending Trends (2/2)

FY22

FY23B

FY23F

FY24P

FY25P

FY26P

$(37.7)

$(81.7)

$276.5

$93.0

$18.0

$9.3

Hedging (Gain)/Loss

Owned Assets Hedging (Gain)/Loss ($ million)

Tolled Assets Hedging (Gain)/Loss ($ million)

$(9.4)

$(20.4)

$69.1

$23.2

$4.5

$2.3

Total Hedging (Gain)/Loss ($ million)

$(47.1)

$(102.1)

$345.6

$116.2

$22.6

$11.7

Gas Fuel Expense Total (Including Hedging)

Commodity Volume (MMBtu)

352,676

278,613

319,947

349,249

366,464

370,958

Generation (GWh)

43,964

39,110

42,735

47,863

50,150

50,917

Total Cost ($ million)

$1,910.2

$1,755.6

$1,553.6

$1,447.8

$1,683.8

$1,788.9

Unit Price ($/MWh)

$43.45

$44.89

$36.36

$30.25

$33.58

$35.13

TVA Restricted Information - Deliberative and Pre-Decisional Privileged

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