TVA issues RFP for up to 2,250 megawatts of new utility-scale power
The successful bidders must be in commercial operation by 2031.
The Tennessee Valley Authority released a Request for Proposals (RFP) last week for up to 2,250 megawatts of new utility-scale natural gas, battery, solar plus battery, and solar generation that must be in commercial operation by 2031. Bidders can submit proposals for up to 1,250 megawatts of natural gas generation, 500 megawatts of battery and solar plus storage, and 500 megawatts of solar. Interested developers must preregister through Doing Business With TVA by April 14.
The RFP is part of TVA’s strategy to unleash American energy to power our region’s growth. Over the past five years, the region’s GDP has grown 2.9 percent, outpacing the national average. In addition, the region’s population has grown faster than the U.S. overall, especially in the working-age population and those under 20 years old.
To prepare for the future, TVA is making significant investments in its power system toward new generation and transmission. Pending required approvals and completion of applicable legal reviews and processes, TVA’s current planning assumption includes building about 5,500 megawatts of new firm, dispatchable generation by 2029. In addition to Kingston, construction is underway at Shawnee, KY, as well as Cumberland and Johnsonville in Tennessee. TVA has completed 1,400 megawatts of new gas units at Paradise in Kentucky and Colbert in Alabama. Construction will begin soon at New Caledonia in Mississippi, and other new generation projects are under consideration in Tennessee.
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