TVA News Releases
2001 News Releases
TVA
Confers Environmental Excellence Awards
December 19, 2001
TVA has presented its annual Environmental Excellence Awards to recognize
exemplary environmental performance on the part of employees and organizations.
They were awarded to Gallatin
Fossil Plant, Sequoyah Nuclear
Plant, Johnsonville Fossil
Plant Manager Michael Moseley, and three
members of TVA Watershed Teams.
TVA,
East Kentucky Power Cooperative Partner on Energy Research
December 19, 2001
TVA and East Kentucky Power Cooperative have agreed to combine resources
in developing new energy and waste management technologies to benefit
the environment.
TVA
Chairman Glenn McCullough Named to DOE Advisory Board
December 13, 2001
TVA Chairman Glenn McCullough Jr. has been named to the Department of
Energy’s new Electricity Advisory Board established by Energy Secretary
Spencer Abraham.
TVA
Prices
$600 Million of Power Bonds
December 11, 2001
TVA has priced $600 million of 15-year bonds that include an option for
investors to redeem the bonds at par value in five years.
Clean
Marina Initiative Wins TVA Environmental Award
December 4, 2001
The Clean Marina Initiative, which promotes environmentally responsible
marina and boating practices, has won the Environmental Excellence of
the Year Award at TVA.
Bill
Baxter Sworn In as TVA Board Member
November 30, 2001
Bill Baxter was sworn in today as the 27th Director of TVA following his
appointment by President Bush and unanimous confirmation by the U.S. Senate.
TVA
Approves $326 Million Record Payment to States, Counties for 2002
November 30, 2001
TVA will pay state and local governments a record $326 million in lieu
of taxes in 2002, an increase of more than $11 million, or 3.5 percent,
over 2001.
New
Electricity Technologies Will Transform Lives in 21st Century
November 29, 2001
Speaking at the Energy Technology Expo in Chattanooga, TVA Chairman Glenn
L. McCullough Jr. said new methods of producing and delivering electricity
will be one of the major changes of the new century.
TVA
Asks for Public Opinion on Possible Construction of Wind Turbines
November 29, 2001
TVA is seeking comments from the public on a proposal to build a wind
park and energy storage plant near Mountain City, Tennessee.
Coon
Gulf Small Wild Area Cleanup Scheduled
November 7, 2001
TVA employees and local volunteers will spend Saturday, November 10, cleaning
up litter and shoreline debris in the Coon Gulf Small Wild Area on Guntersville
Reservoir.
Bridge
Inspection Scheduled at Kentucky Dam
November 7, 2001
Traffic on U. S. Highway 62 across TVA’s Kentucky Dam will be restricted
to one lane from 8:30 a.m. to 3 p.m. Tuesday - Friday, November 13-16,
while crews do inspection and maintenance on the bridge.
TVA
to Host Energy Technology Expo
November 2, 2001
TVA along with other sponsors will host a one-day conference and exhibition
focusing on innovative approaches to energy production, transmission,
and use.
TVA,
Other Agencies to Conduct Nuclear Exercise
November 2, 2001
TVA and other federal, state, and local agencies will conduct a regularly
scheduled emergency preparedness exercise at Watts Bar Nuclear Plant on
November 7.
TVA
Revenues Total Nearly $7 Billion, Interest Expense Down in 2001
October 24, 2001
The TVA Board was presented with unaudited financial results for fiscal
year 2001 showing revenues of $7 billion, reflecting increased power sales
and lower interest expense.
TVA
Regional Resource Stewardship Council to Meet in Kentucky
October 18, 2001
The Regional Resource Stewardship Council, which advises TVA on the management
of natural resources, will meet October 25 and 26 at the Lake Barkley
State Resort in Cadiz, Kentucky.
TVA
to Build Innovative Power Storage Plant in Mississippi
October 15, 2001
A groundbreaking ceremony in Columbus, Mississippi, marked the beginning
of a new battery-like energy-storage facility that will be the first of
its kind in the U.S.
TVA
to Redeem Debt Securities
October 1, 2001
TVA will redeem its 1994 Series A bonds due June 15, 2044, on October
31, 2001.
Norris
Open House Canceled
September 24, 2001
Due to heightened security considerations, TVA has canceled the open house
at Norris Hydro Plant scheduled for October 11 to 14.
Huntsville
Utilities, TVA Dedicate Solar Site at Sci-Quest
September 21, 2001
TVA’s seventh solar-powered facility has been dedicated at Sci-Quest,
a hands-on science museum in Huntsville, Alabama.
TVA
Rates to Remain Stable for Fourth Year
September 19, 2001
TVA will hold rates stable and continue debt reduction in the coming fiscal
year, Chief Financial Officer David Smith told the TVA Board at its meeting
today.
TVA
to Construct Additional Natural Gas Pipeline
September 4, 2001
TVA is requesting public comment on a draft environmental assessment of
the effects of building an additional natural gas pipeline to the Lagoon
Creek Combustion Turbine Plant site.
Federal
Employees to Participate in Annual CFC Day of Caring
September 4, 2001
Employees from TVA and other federal agencies will paint, landscape, clean,
and offer other volunteer services to United Way agencies on September
7.
TVA
to Perform Reservoir Operations Study
August 31, 2001
The Board of the Tennessee Valley Authority has accepted the recommendation
of the Regional Resource Stewardship Council to perform a review and study
of its daily reservoir operations across the Tennessee Valley.
Trotter
Bluff TVA Small Wild Area Opening Scheduled
August 31, 2001
An opening ceremony to recognize Trotter Bluff Small Wild Area,TVA’s
newest addition to its Natural Areas Program, is scheduled for September
25 at the trailhead near Douglas Dam.
TVA
Director to Meet with Regional Resource Stewardship Council
August 23, 2001
TVA Director Skila Harris will meet with members of the Regional Council
to discuss recommendations made to the Board by three of the council’s
subcommittees.
TVA
to Hold Public Meeting on Plans to Reduce Kingston Plant Emissions
July 30, 2001
TVA will hold an open house on Monday, August 6, to provide information
and gather public comment on its plans to lower nitriogen oxide emissions
at Kingston Fossil Plant.
TVA
Prices $1 Billion, Three-Year Global Power Bond
July 25, 2001
TVA has priced a $1 billion, three-year global power bond targeted
to investors worldwide. The bonds were priced with a coupon of 4.75 percent
and mature on July 15, 2004.
Marathon
Swimmer to Begin Third Segment of Tennessee River
July 16, 2001
Marathon swimmer Mimi Hughes will resume her swim of the Tennessee River
on July 23. She plans to swim the entire length of the river over a period
of five years.
TVA
to Hold Public Meeting on Environmental Impacts of Proposed Plant
July 2, 2001
TVA will hold a public meeting on Tuesday, July 10, in Tullahoma, Tennessee,
to seek comments on the environmental effects of building a combustion
and steam turbine power plant in Franklin County.
TVA,
Other Agencies to Conduct Nuclear Exercise
June 4, 2001
An emergency preparedness exercise will be held Wednesday, June 6, at
Browns Ferry Nuclear Plant in Decatur, Alabama.
TVA
in Step With the President’s National Energy Policy
May 17, 2001
TVA’s Directors say that the agency’s commitment to providing
reliable electricity while protecting the environment and supporting economic
growth is in accord with President Bush’s new energy plan.
Green
Power Switch Demand Exceeds Expectations
April 23, 2001
TVA plans to continue adding renewable sources of energy to its power
mix in order to meet the demand for green power demonstrated during a
yearlong market test.
TVA
Launches electronotessm
April 17, 2001
TVA has launched a new retail bond program called electronotes.
The securities are targeted to individual investors and will be offered
twice monthly.
TVA,
Partners Announce New Food-Processing Technology Using Ozone
April 10, 2001
A new process that improves the freshness of fruits and vegetables and
extends their shelf life has been developed by TVA in partnership with
other organizations. The ozone technology destroys bacteria that cause
spoilage and leaves no chemical residue.
TVA
to Redeem Debt Securities
March 30, 2001
TVA will redeem all of its 1996 Series A QIDS (Quarterly Income Debt Securities)
on April 30, 2001.
TVA
Campgrounds Opening for 2001 Season
March 21, 2001
Eight campgrounds on TVA reservoirs are opening for the season between
March 15 and April 20. Improvements to facilities have been made at a
number of them.
TVA
Seeks Public Input to Update Pickwick Land Use Plan
March 20, 2001
Four public meetings will be held in March and April to obtain comments
on TVA’s plan to update the existing land use plan for TVA property
surrounding Pickwick Reservoir. The plan that’s presently in effect
dates from 1981.
TVA
to Hold Public Meeting on Proposed New Power Plant
March 6, 2001
At a meeting on Thursday, March 8, in Tullahoma, Tennessee, TVA will seek
public comment on a proposed power plant that would be fueled by either
natural gas or oil.
TVA
to Seek Public Input on Analyzing Environmental Impact of Browns Ferry
License Extensions
February 16, 2001
A public meeting will be held on Tuesday, March 6, at Calhoun State Community
College near Decatur, Alabama, for the purpose of gathering comments on
the potential environmental effects of extending Browns Ferry Nuclear
Plants’s operating licenses.
TVA
Names Nuclear Maintenance Professionals of the Year
February 8, 2001
Three TVA Nuclear employees, one from each of the company’s nuclear
sites, have been selected by their co-workers as maintenance professionals
of the year.
Mike
Ingram Named TVA Engineer of the Year for 2001
January 29, 2001
Mike Ingram, a Program Manager in TVA’s River System Operations &
Environment, has been named Engineer of the Year for developing a new
technology that increases electricity reliability by preventing equipment
failure.
TVA
to Redeem Debt Securities
January 12, 2001
TVA will redeem all of its 1995 Series A QIDS (Quarterly Income Debt Securities)
on February 12, 2001.
TVA
Prices $1 Billion 10-year Global Power Bonds
January 10, 2001
TVA has priced its 2001 Series A power bond with a coupon of 5.625 percent.
Chief Financial Officer David N. Smith reported that the bonds sold quickly
both in the U.S. and overseas.
TVA
Launches $1 Billion 10-Year Global Power Bond Offering
January 9, 2001
To meet the current strong market demand for high-quality securities,
TVA has issued a $1-billion 10-year global power bond.