TVA Secures Ten-year PPA For 377mw Hydroelectric Power
2024-11-21 17:01
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Wedoany.com Report-Nov 21, US electric utility company the Tennessee Valley Authority (TVA) has signed a ten-year PPA with Argo and Brookfield to procure 377MW hydro power from Smoky Mountain Hydro facilities comprising the Cheoah, Calderwood, Chilhowee, and Santeetlah dams.
Located in the states of Tennessee and North Carolina, the hydro facilities are jointly owned by Argo and Brookfield.
The clean energy delivered by the facilities will support demand growth in TVA’s service area.
TVA origination and renewables solutions vice-president Chris Hansen stated: “TVA appreciates this partnership that enables more reliable, clean megawatts to be available when they’re needed.
“We have a long history of effectively using hydroelectric power to provide affordable, reliable energy to our region, and this agreement builds on that success.”
Smoky Mountain Hydro will commence power delivery through the PPA from 2025.
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