TVA Board Protects Consumers, Strengthens Reliability Amid Rising Power Demand
The TVA Board approved the FY 2027 budget and the 2026 Integrated Resource Plan, authorizing more than $13 billion in investments through FY29 to bolster reliability and expand capacity. The IRP projects the region will need 11 to 32 gigawatts of new generation by 2040, with immediate plans to construct 4,120 megawatts of capacity and evaluate an additional 3,000 megawatts.
Key figures
- Capex through fy29
- $13 billion
- New capacity planned mw
- 4,120 megawatts
- Annual maintenance spend
- $1 billion
- Capacity under evaluation mw
- 3,000 megawatts
- Projected capacity need 2040 gw
- 11 to 32 gigawatts
AI analysis
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