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The Tennessee Valley Authority is a government-owned corporation created by U.S. Code Title 16, Chapter 12A, the Tennessee Valley Authority Act of 1933.It was initially founded as an agency to provide general economic development to the region through power generation, flood control, navigation assistance, fertilizer manufacturing, and agricultural development.
Alcoa, Tennessee, formerly owned by Alcoa and still economically dominated by the company; Bemis, Tennessee, built by the Bemis Bag Company for mill workers; now a history district in Jackson; Coalmont, Tennessee, operated by the Sewanee Coal, Coke and Land Company; Norris, Tennessee, built and formerly owned by the Tennessee Valley Authority
TVA still leans on its four remaining coal plants for 13% of its electricity production, though it plans to close its last coal plant by 2035. It generates over half of its power from carbon-free ...
Cancelled facilities of the Tennessee Valley Authority Name Units Location Years of construction Bellefonte Nuclear Plant: 2 Hollywood, Alabama: 1975–1988 Hartsville Nuclear Plant: 4 Hartsville, Tennessee: 1975–1984 Phipps Bend Nuclear Plant: 2 Surgoinsville, Tennessee: 1977–1981 Yellow Creek Nuclear Plant: 2 Iuka, Mississippi: 1978–1984
TVA and DOE will develop a plan in coming months that could be used to provide DOE and other federal customers with 100% CFE by 2030 on a yearly basis DOE, TVA partner to power ORNL, Y-12 with 100 ...
Cost-of-living in America is still out of control — use these 3 'real assets' to protect your wealth today, no matter what the US Fed does or says Home insurance premiums are on the rise.
Some of the agencies still exist today, while others have merged with other departments and agencies or were abolished. The agencies were sometimes referred to as alphabet soup. Libertarian author William Safire notes that the phrase "gave color to the charge of excessive bureaucracy."
See how much TVA's top five executives made this year, as well as the median pay for its 11,267 employees. TVA CEO's $10.5M is still the highest pay among federal employees. Who got raises and why?