The Tennessee Valley Authority (TVA), the nation’s largest public power provider, is a self-financing, federal electric utility with annual revenues of about $11 billion. In its budget proposal for FY2014, the Obama Administration proposed a "strategic review" of the Tennessee Valley Authority. The preamble to the TVA Act lists flood control, reforestation, and agricultural and industrial development as primary considerations in the original establishment of the TVA. TVA is now required by the TVA Act to be self-supported using funds from the sale of electric power. This book will discuss the history and role of TVA mostly from an energy standpoint, considering current and future obligations, and other issues related to TVA’s provision of electrical energy. This book will also examine how TVA plans to meet future demand for electricity and how TVA’s resource planning and forecasts compare to those from other sources; TVA’s efforts to use energy efficiency to meet demand for electricity; and TVA’s financial condition and how it affects TVA’s ability to meet its operational and financial goals.
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