TVA Issues RFP for Carbon-Free Energy

TVA Issues RFP for Carbon-Free Energy

TVA Issues RFP for Carbon-Free Energy

July 14, 2022--Researched by Industrial Info Resources (Sugar Land, Texas)--U.S. federally owned electric utility Tennessee Valley Authority (TVA) (Knoxville, Tennessee) on Tuesday issued requests for proposals (RFPs) for up to 5,000 megawatts (MW) of carbon-free energy before 2029. The TVA is pushing to decarbonize its electric grid fully by 2050. Industrial Info is tracking almost $9 billion worth of projects attributed to TVA, including $800 million worth of renewable energy projects.

Electric utilities across North America are issuing RFPs for renewable energy, including Tucson Electric Power (TEP) (Tucson, Arizona), a unit of Fortis Incorporated (NYSE:FTS) (St. Johns, Newfoundland); Pacific Gas and Electric Company (PG&E) (San Francisco, California), a unit of PG&E Corporation (NYSE:PCG) (San Francisco); and Quebec-based Hydro-Québec (Montreal), among others.

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