The chief executive of the Tennessee Valley Authority said on Tuesday the U.S.-o...
- The chief executive of the Tennessee Valley Authority said on Tuesday the U.S.-owned power generator expects to get more than 60 percent of its energy from non-carbon-emitting sources by 2020, compared with over 50 percent in 2018.
Bill Johnson, who turned 65 in January, announced his retirement as CEO at TVA in November. His last day is Friday. “Our generating fleet is now very diverse and clean,” Johnson said, noting the changes were driven by the mandate in the TVA Act “to produce energy at the lowest feasible rate.” In February, TVA’s board voted to shut two more coal plants - Bull Run in Tennessee by 2020 and Paradise in Kentucky by 2023 - for economic reasons despite strong opposition from the Trump administration.“I expect the fleet to look pretty similar for the next decade,” Johnson said, noting there is “the potential to add a significant amount of solar if customers demand it.”
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