Tennessee Valley Authority · NYSE:TVC

Tennessee Valley Authority — Investor Presentation (September 2021)

60 slides from Tennessee Valley Authority's investor presentation, Sep 22, 2021

  1. Slide 1: Regional Resource Stewardship Council

    Thank you for joining us. The meeting will start at Regional 9 a.m. EDT Resource Stewardship Council September 22, 2021 4th Meeting – Term 11 Virtual

  2. Slide 2: Welcome

    Welcome

  3. Slide 3: Safety First! Backing Up Safely

    Check behind Safety First! Backing Up Safely you  Do a walk-around. Walking around a vehicle gives a driver firsthand view of the backing area and any limitations. They can check for children, soft or muddy areas, potholes, tire hazards, and other dangers. 3

  4. Slide 4: RRSC Virtual Meeting

    RRSC Virtual Meeting • This is the 4th and last meeting of the 11th term of the RRSC. • This meeting is being recorded. A link will be provided on the TVA RRSC Website (tva.gov/rrsc). • We welcome members of the public attending and who are in listen only mode. For those that pre-registered to make

  5. Slide 5: Introductions

    Introductions

  6. Slide 6: Topics discussed during the 11th Term of the RRSC

    Topics discussed during the 11th Term of the RRSC • TVA Asset Management Strategy • TVA Carbon Strategy and Sustainability Report • Asian Carp Barrier Study • Joint meeting with Regional Energy Resource Council • Provided feedback on TVA’s 2019 Sustainability Report and TVA’s Sustainability Program

  7. Slide 7: RRSC Term 11 Membership

    RRSC Term 11 Membership Please tell us your: Name Organization What is one key take-away from this term? 7

  8. Slide 8: Agenda

    RRSC Meeting Agenda September 22, 2021 All times are EDT https://bit.ly/RRSC-Sept 9:00 Safety, Introductions, Agenda, Advice Qs 9:30 Public Comment 10:00 TVA Update 10:15 Proposed Biodiversity Policy 11:00 Break 11:10 Advice Discussion 12:00 River Management Update 12:10 Lunch 12:40 Natural Resource

  9. Slide 9: Advisory Questions

    Advisory Questions 1. Any general thoughts on the Biodiversity Policy and its value to TVA’s sustainability efforts? Any recommendations for implementation of this policy? 2. We have seen growing economic benefits from biodiversity in the TVA region from ecotourism to ED prospect-siting. Does the Co

  10. Slide 10: Public Comment

    Public Comment This is a listening session; responses are typically not provided

  11. Slide 11: TVA Update

    TVA UPDATE Melanie Farrell Designated Federal Officer September 22, 2021

  12. Slide 12: TVA Sustainability Update: Draft Biodiversity Policy

    TVA Sustainability Update: Draft Biodiversity Policy Rebecca Tolene, Vice President – Environment September 22, 2021

  13. Slide 13: What Is Sustainability at TVA?

    What Is Sustainability at TVA? Energy • Provide reliable, Env ironment affordable electricity TVA at rates as low as Sustainability feasible Economic Employees Social Development • Serve as a catalyst for Sustainability Focusing on TVA’s sustainable economic Areas performance of our development miss

  14. Slide 14: Biodiversity is an Element of Sustainability

    Biodiversity is an Element of Sustainability 14

  15. Slide 15: Sustainability Program Update

    Sustainability Program Update • Issued 2020 Sustainability Report and supplemental Carbon Report in May 2021 • FY22: Developing Sustainability Key Focus areas and oversight process • Support Development of draft TVA Biodiversity Policy 15

  16. Slide 16: TVA Mission / Environmental Policy

    TVA Mission / Environmental Policy 16

  17. Slide 17: Virtual Field Trip: TVA Biodiversity video

    Virtual Field Trip TVA Biodiversity video

  18. Slide 18: TVA Draft Biodiversity Policy: Review and Advice

    TVA Draft Biodiversity Policy: Review and Advice

  19. Slide 19: What is Biodiversity?

    What is Biodiversity? • The variety of all life (plants, animals, microorganisms) • Includes how these species interact, survive; where and how they live • Integral to ecosystem services that contribute to human well-being 19

  20. Slide 20: Biodiversity Benefits

    Biodiversity Benefits Food and Pollination • One in every three bites of food eaten depends on bees. • The economic value of insect pollinators was $34 billion in the U.S. in 2012. Medicines • The preservation of biodiversity is vital for future drug discovery Ecotourism and Recreation • 45 million

  21. Slide 21: Biodiversity in the SE US

    Biodiversity in the SE US The Southeastern U.S. is a global hotspot of freshwater biodiversity and is home to: • 2/3 of US Fish species • 90%+ of US Mussel species • ~50% of US Crayfish species More than 1/4 of the species in the region are found nowhere else on earth. 21

  22. Slide 22: Biodiversity in the TVA Region

    Biodiversity in the TVA Region 22

  23. Slide 23: Biodiversity Loss – A Global Problem

    Biodiversity Loss – A Global Problem 23

  24. Slide 24: TVA Contributions to Biodiversity

    TVA Contributions to Biodiversity Endangered Species Habitat Improvement Air Emissions Reduction Public Engagement Protection Stream Restoration Water Quality Improvements Natural Areas ROW M anagement 24

  25. Slide 25: TVA Biodiversity Policy Statement

    TVA Biodiversity Policy Statement “TVA recognizes the importance of biodiversity to the quality of life of the region’s residents and we work to proactively protect biodiversity through stewardship of public lands, management of the Tennessee River system, local and regional partnerships, and integr

  26. Slide 26: TVA Biodiversity Policy - We commit to…

    TVA Biodiversity Policy - We commit to… • Establish and maintain a Biodiversity Action Team • Minimize the adverse impact of TVA operations on biodiversity and ecosystem • Leverage TVA’s biological expertise to nest biodiversity conservation measures within capital and O&M projects 26

  27. Slide 27: TVA Biodiversity Policy - We commit to…

    TVA Biodiversity Policy - We commit to… • Review and improve current operational practices to reduce cost and enhance biodiversity • Partner with local, state, federal, and non-profit organizations • Engage local power companies • Communicate, both internally and externally 27

  28. Slide 28: Example Project: Biodiversity Policy In Action

    Example Project: Biodiversity Policy In Action Tuscumbia Darter Enhancement Pollinator Planting & Habitat Restoration 28 North Alabama Utility Scale Solar

  29. Slide 29: Tuscumbia darter

    Tuscumbia darter WA TENNESSEE VALLEY AUTHORITY

  30. Slide 30: Tuscumbia Darter and Pollinator Planting

    Full Image Slide Lorem Ipsum Tuscumbia Darter in Wheeler Branch Dolor Pollinator Planting • ~30 to 55 acres total • Bees and other pollinators are declining • Plant across drastically nativethe seed and United maintain States with prescribed fire • Both agricultural systems • Wildflowers and ecosyst

  31. Slide 31: Pollinator Planting and Restoration Site Plans

    Full Image Slide Lorem Ipsum Dolor • Bees and other pollinators are declining Planting: drastically across thePreliminary Plan United States Restoration Site: Preliminary Plan • ~30 to 55 acres in total • ~100 acres total • Both • agricultural systems Plant native andmaintain seed and ecosystems wit

  32. Slide 32: Biodiversity

    Biod iversity M == TVA works to protect biodiversity by proactively managing st > yw public lands and reducing the impacts of our operations rr Ww TENNESSEE VALLEY. 32 AUTHORITY

  33. Slide 33: Full TVA Biodiversity Policy Statement

    Full TVA Biodiversity Policy Statement We commit to the following practices: TVA Biodiversity Policy Or Board/CEO Statement on TVA’s Role in Protecting Biodiversity • Establish and maintain a Biodiversity Action Team, including representation from across TVA, to highlight ongoing biodiversity conser

  34. Slide 34: Advisory Questions

    Advisory Questions 1. Any general thoughts on the Biodiversity Policy and its value to TVA’s sustainability efforts? Any recommendations for implementation of this policy? 2. We have seen growing economic benefits from biodiversity in the TVA region from ecotourism to ED prospect-siting. Does the Co

  35. Slide 35: Tennessee Valley Authority

    TENNESSEE VALLEY AUTHORITY

  36. Slide 36: Break

    Break TENNESSEE VALLEY AUTHORITY

  37. Slide 37: Advice Discussion

    Advice Discussion September 22, 2021

  38. Slide 38: Advisory Questions

    Advisory Questions 1. Any general thoughts on the Biodiversity Policy and its value to TVA’s sustainability efforts? Any recommendations for implementation of this policy? 2. We have seen growing economic benefits from biodiversity in the TVA region from ecotourism to ED prospect-siting. Does the Co

  39. Slide 39: River Management Update

    River Management Update James H. Everett, PE September 22, 2021

  40. Slide 40: Integrated Tennessee River System Management

    Integrated Tennessee River System Management Navigation Flood Damage Reduction Power Generation Water Supply Recreation Water Quality 40

  41. Slide 41: Stakeholder Outreach Examples

    Stakeholder Outreach Examples Heavy Rainfall from Fred Heavy Rainfall from Ida Second Wettest Aug. on Flood Storage Recovery/Fall Tremendous Flash Flooding in the Had the opportunity to lower mainstem Record Drawdown western North Carolina and N. Georgia reservoirs well ahead of Ida in order to Near

  42. Slide 42: Stakeholder Outreach – cont…

    Stakeholder Outreach – cont…  River Management briefings contributed to over 500 print/media articles in FY21 (over 97% favorable coverage)  Held numerous briefings with Trout Fishing interest groups including Trout Unlimited and Fishing Guides, including large outreach event at South Holston  Br

  43. Slide 43: Waverly Flood Summary

    Waverly Flood Summary  Early morning hours of August 21, 2021  Storm primarily impacting Dickson, Humphreys, Stewart, Hickson, Houston Counties  20 confirmed weather-related fatalities in Humphries Co.  Approx. 700 homes flooded, most in Waverly, TN  TVA Rain gage at McEwen (east of Waverly) re

  44. Slide 44: Flood Probability & Recurrence

    Flood Probability & Recurrence 44

  45. Slide 45: Waverly Flood – Internal Review

    Waverly Flood – Internal Review  Using the storm data and coverage to analyze impacts to TVA reservoirs.  Working with precipitation and modeling experts to share the storm data so that impacts can be included in TVA long-term planning and hydrologic studies  Reviewing protocols for early detecti

  46. Slide 46: Questions

    Questions Ww TENNESSEE VALLEY AUTHORITY

  47. Slide 47: Lunch Break

    Lunch Break

  48. Slide 48: Natural Resources Update

    Natural Resources Update September 22, 2021

  49. Slide 49: Natural Resource Plan Focus Areas

    Natural Resource Plan Focus Areas Section 26a Nuisance & Reservoir Land & Permitting & Public Land Invasive Lands Habitat Land Use Protection Species Planning Stewardship Agreements Management Cultural Water Public Resource Resources Recreation Ecotourism Outreach & Management Stewardship Informatio

  50. Slide 50: Floating Cabin Program Status

    Recreation Floating Cabin Program Status  Final Phase II Rule Amendments published in Federal Register September 10, 2021  New rules will be effective October 12, 2021  TVA is working with floating cabins owners to register all floating cabins (42% registered so far) 50

  51. Slide 51: Snail Darter Proposed for Delisting

    Water Resources Stewardship Snail Darter Proposed for Delisting  US Fish and Wildlife Service proposing to delist the snail darter, currently listed as Threatened under the Endangered Species Act  The snail darter is an iconic fish, once the subject of controversy involving TVA, Tellico Dam, an Ac

  52. Slide 52: Tellico Reservoir Land Plan Revision

    Reservoir Tellico Reservoir Land Plan Revision Lands Planning  TVA is updating the 2000 Tellico Reservoir Land Management Plan (RLMP) in order to respond to new issues and changes in conditions and circumstances  Staff have reviewed all existing allocations of TVA land – a revised draft RLMP to be

  53. Slide 53: Public Scoping and Environmental Review

    Reservoir Lands Planning Public Scoping and Environmental Review  Public scoping was in January and February 2021 and included a virtual public meeting and a live webinar  Majority of public scoping comments (40 of 46) were in favor of TVA’s direction and particularly in favor of additional recrea

  54. Slide 54: Recreation Partnership - Ecotourism

    Recreation Recreation Partnership - Ecotourism TVA Loyston Point Mountain Biking Trails Social Media Video by 55

  55. Slide 55: Fiscal Year 2022 Stewardship Book Coming Soon

    Public Outreach & Information Fiscal Year 2022 Stewardship Book Coming Soon Completion Target: Early November 2021 FY 2021 Stewardship Book and FY 2020 Progress Report are at https://www.tva.com/environment/envi ronmental-stewardship/stewardship- projectsing: 57

  56. Slide 56: Questions

    Questions Ww TENNESSEE VALLEY AUTHORITY

  57. Slide 57: Finalizing the Advice Statement

    Finalizing the Advice Statement

  58. Slide 58: RRSC Term 11 Membership

    RRSC Term 11 Membership RaeLynn Butler Muscogee (Creek) Nation Keith Carnahan Meriwether Lewis Electric Cooperative Robert Englert, Jr Retired Crounse Corporation Ray Hardin Decatur Utilities Richard Holland Packaging Corporation of America Mark Iverson Bowling Green Municipal Utilities *Chair 58 Ki

  59. Slide 59: Closing Remarks

    Closing Remarks This meeting is the fourth of this 11th Term. We will begin looking to build a slate for the 12 Term to be seated on April 27, 2022. Thank you for your service to the people of the Tennessee Valley region and to TVA. You will be hearing from Cathy over the next several months. 61

  60. Slide 60: Tennessee Valley Authority

    TENNESSEE VALLEY AUTHORITY

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