Tennessee Valley Authority - Company Profile
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Tennessee Valley Authority (TVA) is a corporate agency and instrumentality established by federal law. It generates electricity using hydro, nuclear, coal, diesel, and solar sources. Under short and long-term power purchase agreements and spot market purchases, the agency procures electricity from various power producers. TVA manages the Tennessee River system; operates flood control dams and related infrastructure; balances hydroelectric generation with navigation; and carries out flood damage reduction, water quality, and supply and recreation. It supplies power to municipalities and other local government entities, and cooperatives on a wholesale basis, and retails energy to end-use customers in northern Alabama, northeastern Mississippi, Tennessee, and southwestern Kentucky, and portions of northern Georgia, western North Carolina, and southwestern Virginia. TVA is headquartered in Knoxville, Tennessee, the US.
Headquarters
United States of America
Address
400 West Summit Hill Dr., Knoxville, Tennessee, 37902
Website
www.tva.com
Telephone
1 865 6322101
No of Employees
10,390
Industry
Power
Revenue (2022)
$12.5B
* As of and is in US$
Tennessee Valley Authority premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Product: | Flood Damage Reduction |
| Electricity | River Management |
| Recreation Services | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In December, the company signed a memorandum of understanding with U.S. Department of Energy to supply the DOE's Oak Ridge National Laboratory and the Y-12 National Security Complex in Oak Ridge, Tennessee Federal agencies. |
| 2022 | Plans/Strategy | In November, the company along with Duke Energy, Louisville Gas & Electric Company and Kentucky Utilities Company (LG&E and KU), Southern Company and the Dominion Energy Inc, Battelle and others announced its plan to pursue federal financial support for a Southeast Hydrogen Hub. |
| 2022 | Contracts/Agreements | In April, the company entered into a partnership with Ontario Power Generation to develop and deploy advanced nuclear technology. |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| John Ryder | Chairman | Executive Board | 2020 | 72 |
| Jeffrey J. Lyash | President; Chief Executive Officer | Senior Management | 2019 | 61 |
| John M. Thomas, III | Chief Financial Officer; Executive Vice President; Chief Strategy Officer | Senior Management | 2012 | 58 |
| Don A. Moul | Chief Operating Officer; Executive Vice President | Senior Management | 2021 | 57 |
| Susan E. Collins | Chief People and Communications Officer; Executive Vice President | Senior Management | 2014 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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