Tennessee Valley Authority · NYSE:TVC
Tennessee Valley Authority — Investor Presentation (November 2018)
119 slides from Tennessee Valley Authority's investor presentation, Nov 5, 2018
Slide 1: Regional Resource Stewardship Council
Regional Resource Stewardship Council November 5/6, 2018 Knoxville, Tennessee
Slide 2: Joe Hoagland
Joe Hoagland
Slide 3: Term 10 RRSC Members
Term 10 RRSC Members RaeLynn Butler Donny Holland Gary Myers Muscogee (Creek) Nation KY Parks State of Tennessee Keith Carnahan Mark Iverson* Will Nelson** Meriwether Lewis Electric Cooperative Bowling Green Municipal Utilities Nelson Tractor Co. Robert Englert, Jr Avis Kennedy Sen. Clay Scofield Cr
Slide 4: New Members to the RRSC
New Members to the RRSC 1 New Member • Danette Scudder – TN Valley Public Power Association (day 2) 2 Renewed Members • Patricia Thomasson - Thomasson Company -Mississippi • Randy Wiggins - Cherokee County, NC 1 In Process Will Nelson – Nelson Tractor - Georgia Regional Resource Stewardship Council|
Slide 5: Safety First
Safety First Building Emergency Plan Regional Resource Stewardship Council | 5
Slide 6: Introductions
Introductions • Name • Organization • Least Favorite Recreational Activity Regional Resource Stewardship Council | 6
Slide 7: Today's Meeting
i Today's Meeting
Slide 8: Meeting Goals
Meeting Goals • Welcome recently renewed members to the 10th Term of the RRSC • Update on programmatic agreements • Water reliability in the region • Archaeological collection management • Update on TVA Natural Resources Stewardship and River Management activities • Seek statement on how to best use
Slide 9: Agenda – November 5, 2018
Agenda – November 5, 2018 10 am TVA Welcome Joe Hoagland, Enterprise Relations and Innovation and Designated Federal Officer 10:10 Introductions and Agenda Review Jo Anne Lavender, Facilitator 10:20 Programmatic Agreements Brenda Brickhouse 11:00 Break 11:15 Water Reliability Study Gary Springston,
Slide 10: Agenda – November 6, 2018
Agenda – November 6, 2018 8:30 Welcome and Recap JoAnne, Facilitator 8:35 Council Discussion / Form Cathy, JoAnne and Council Advice 9:25 Prepare for Public Comment Period 9:30 Public Comment Session JoAnne 10:30 Break 10:45 River Operations Update Tom Barnett 11:05 Finalize Advice Statement Council
Slide 11: RRSC Meeting Facilitation
RRSC Meeting Facilitation DFO (or designee) will facilitate and ensure good order during all open discussions Only one person is permitted to comment at a time Please turn your name card on its side in order to be recognized by the Chair or facilitator when wanting to provide comment. Regional
Slide 12: RRSC FACA Meeting Protocols – 10th Term
RRSC FACA Meeting Protocols – 10th Term Agenda - Joe Hoagland, Vice President, Enterprise Relations & Innovation is the Designated Federal Officer (DFO); Amy Henry, Senior Manager, Enterprise Relations & Innovation is the alternate DFO - Agenda prepared and approved by the DFO in consultation with C
Slide 13: Council Advice Discussion
Council Advice Discussion How can TVA best engage water utilities, industry, regulatory and other affected stakeholders in using the information from our water supply reliability study to enhance economic development and drought preparedness in the TVA region? Regional Resource Stewardship Council |
Slide 14: Programmatic Agreements: Natural and Cultural Resources
Programmatic Agreements: Natural and Cultural Resources Brenda Brickhouse November 5, 2018
Slide 15: Alignment with TVA's Mission of Service
Alignment with TVA’s Mission of Service Energy Environment Economic Development Regional Resource Stewardship Council | 15
Slide 16: Alignment
Alignment • National Environmental Policy Act • Clean Water Act • Executive Order / Wetlands • Endangered Species Act • Executive Order / Migratory Birds • National Historic Preservation Act • Archaeological Resources Protection Act Landscape and Program Benefits Regional Resource Stewardship Counci
Slide 17: Common Actions Across Resources
Common Actions Across Resources • Natural resources managed on individual projects in isolation • Interpretations, requirements and expectations vary across regulatory offices • Project-specific consultations increasing yet yielding only incremental mitigation Programmatic Agreements (PA) Can Provid
Slide 18: Multi-Pronged Programmatic Approach
Multi-Pronged Programmatic Approach • Refine compliance processes for comprehensive array of activities • Determine impacts of actions on front-end • Standardize protocols and consultation across jurisdictions • Improve outreach and stakeholder engagement • Address conservation needs at landscape le
Slide 19: Bat Programmatic Consultation
Bat Programmatic Consultation DRIVERS AND APPROACH • Several federally-listed bats in Power Service Area • Heightened concern re: white-nose syndrome • Routine tree removal for projects, public safety, and reliability • Consultation / mitigation requirements increasing • Project-specific outcomes in
Slide 20: Actions Covered, Geographic Scope
Actions Covered, Geographic Scope • Biodiversity and Public Use • Cultural Resources • 26a Permitting • Power Operations • Transmission Construction and O&M • Land Use and Disposal • Property Conveyances • Economic Development • Solar Generation Includes 96 routine activities within these general TV
Slide 21: Comparison with In-Lieu Fees
Comparison with In-Lieu Fees • “Take” for discrete amounts of suitable habitat • Spatial / seasonal application for project specific impacts • Conservation fees range $0- $1,000/acre • Fund conservation projects led by TVA or other agencies • 20-year agreement Regional Resource Stewardship Council |
Slide 22: Cultural Resources PA
Cultural Resources 106 PA • 148 routine activities having little or no potential to impact historic properties • Developed in consultation with: • Advisory Council on Historic Preservation • 18 federally-recognized Tribes • 7 State Historic Preservation Officers Regional Resource Stewardship Council
Slide 23: Cultural Resources PA
Cultural Resources 106 PA • Consultation with parties, including w/Tribes and SHPOs • Internal dialogs with Business Units • Follow-up with consulting parties fall/winter • Target date for completion spring 2019 Regional Resource Stewardship Council |23
Slide 24: Anticipated Outcomes
Anticipated Outcomes • Landscape level conservation • Focus resources where most effective • Greater project planning predictability and consistency • More efficient consultations • Meaningful work aligning with regional resource priorities! Regional Resource Stewardship Council | |24
Slide 25: Potential Future Programmatic Endeavors
Potential Future Programmatic Endeavors • Pollinators • Birds Regional Resource Stewardship Council |25
Slide 26: Questions?
Questions? Regional Resource Stewardship Council |26
Slide 27: Water Reliability in the Tennessee Valley
Water Reliability in the Tennessee Valley Gary Springston, Curt Jawdy and Amanda Turk
Slide 28: TVA's Water Supply Goal
TVA’s Water Supply Goal Ensure adequate, sustainable supplies of water for the region’s continued growth, while protecting the integrity of TVA’s integrated operation of the river system. Regional Resource Stewardship Council | 28
Slide 29: What Keeps Global Leaders Up at Night?
What Keeps Global Leaders Up at Night? Top 5 global risks by impact: ▪ WMDs ▪ Extreme weather events ▪ Natural disasters ▪ Failure of climate change adaptation ▪ Water crises http://www3.weforum.org/docs/WEF_GRR18_Report.pdf http://www3.weforum.org/docs/WEF_GRR18_Report.pdf Regional Resource Steward
Slide 30: World Economic Forum Risk Relationships
World Economic Forum Risk Relationships Water crisis: A significant decline in the available quality and quantity of fresh water, resulting in harmful effects on human health and economic activity Regional Resource Stewardship Council | 30 http://www3.weforum.org/docs/WEF_GRR18_Report.pdf
Slide 31: The Importance of Water in the TN Valley
The Importance of Water in the TN Valley “The principal water problem in the early 21st century will be one of inadequate and uncertain supplies…” - National Research Council TN River System is the fifth largest in the US Thermoelectric Cooling Municipal Supply Provides drinking water for 5.1 millio
Slide 32: Why the Concern?
Why the Concern? The quality of life in our region depends upon ample water. Dependable water is as fundamental to the economic growth of the region as is dependable, low-cost electricity. Water supply and water-quality issues, coupled with emerging water-use conflict over a fixed supply, will conti
Slide 33: River Management Focus Areas
River Management Focus Areas River Management is responsible for scheduling the day-to-day, integrated operation of the Tennessee River system and balancing the competing demands on the system and the overall value to the public. Our integrated operations provide multiple benefits to the people of t
Slide 34: Examples of Water Users We Serve
Examples of Water Users We Serve VIRGINIA KENTUCKY TENNESSEE NORTH CAROLINA MISSISSIPPI GEORGIA ALABAMA Regional Resource Stewardship Council | 34
Slide 35: What Keeps Water Utilities up at Night?
What Keeps Water Utilities up at Night? The American Water Works Association annual “State of the Industry” report identified the top 5 water utility risks: • Aging infrastructure • Infrastructure financing • Public understanding the value of water services • Long-term water supply availability • Pu
Slide 36: Economic Impacts of Water
Economic Impacts of Water Sector Gallons/Job Chemicals 2,100,000 Plastics 500,000 Pharmaceuticals 473,000 Paper Mills 280,000 Food Manufacturing 110,000 General Manufacturing 60,000-90,000 Given a single day of water disruption: The average US business loses $230 in sales per employee Industries mos
Slide 37: The Valley's Water Reliability Risk is Comparatively Small
The Good News: The Valley’s Water Reliability Risk is Comparatively Small https://www.epri.com/#/pages/product/1023676/?lang=en Regional Resource Stewardship Council | 37
Slide 38: Regional Economic Development Advantages
Regional Economic Development Advantages Regional Resource Stewardship Council | 38 https://tvasites.com/Business-Benefits/TVA-Region-Advantages.aspx
Slide 39: Low Cost & Reliable Power Attracts Investment
Low Cost & Reliable Power Attracts Investment Reliability You can depend on TVA electricity to be there when you need it: since 2000, the TVA system has delivered 99.999 percent transmission reliability. Our robust network of 16,000 miles of transmission line and 487 substations and switchyards, is
Slide 40: Reliable Water, Like Reliable Energy Attracts Investment
Reliable Water, Like Reliable Energy Attracts Investment ~100% • Growing water supply issues worldwide have forced corporations to consider water as a key business factor • Water supply must be considered over the life of a business investment • 90% of water-intense industries have corporate water s
Slide 41: How Many 9s?
How Many 9999999s? XXXXXX% • The TVA region provides very reliable water, but we haven’t quantified just how reliable. Our study will: • Determine the elevation at which each intake into a TVA-regulated water body dries up • Determine the times that each intake would dry up • Calculate statistics Si
Slide 42: Built-in Partnership
Built-in Partnership Some of our electricity distributors also distribute water Regional Resource Stewardship Council | 42
Slide 43: How Elevations were Compiled
How Elevations were Compiled Regional Resource Stewardship Council | 43
Slide 44: Determining Each Intake's Reliability
Determining Each Intake’s Reliability Inflows observed by TVA at the appropriate places Rules representing operations for each dam Calculate level at each Intake Regional Resource Stewardship Council | 44
Slide 45: Results: Good News & Bad News
Results: Good News & Bad News Within the history of If you don’t have TVA, there have been any droughts to no known droughts dry up an intake, dry up any intakes on then you can’t a TVA-controlled calculate your waterbody reliability Regional Resource Stewardship Council | 45
Slide 46: Our Most Recent Large Drought
Our Most Recent Large Drought No intakes on a TVA- controlled waterbody went dry during the 2007 drought https://droughtmonitor.unl.edu/ Regional Resource Stewardship Council | 46
Slide 47: Looking for the Rarest Droughts
Looking for the Rarest Droughts • TVA is embarking on a dendrochronology study using tree rings to quantify the largest droughts that have occurred in the region • We will use a large set of very old trees to extend the drought record from 100 to ~600 years Regional Resource Stewardship Council | 47
Slide 48: How it works without Damaging Trees
How it works without Damaging Trees Regional Resource Stewardship Council | 48
Slide 49: Example of Applied Dendro for the Colorado
Example of Applied Dendro for the Colorado Regional Resource Stewardship Council | 49
Slide 50: Example of Drought Reconstruction
Example of Drought Reconstruction http://drought.memphis.edu/NADA/TimeSeriesDisplay.aspx Regional Resource Stewardship Council | 50
Slide 51: Interesting Find at the National Archives
Interesting Find at the National Archives • TVA sponsored groundbreaking dendrochronology work in the 1930s by Dr. Florence Hawley • The samples are now held by UT https://tennesseearchaeologycouncil.wordpress.com/2016/09/26/this-womens-work-women-in-wpa-archaeology-in-the-tennessee-valley/ Regional
Slide 52: Citizen Science
Citizen Science • Cedars are the tree of choice, both for drought sensitivity and rot resistance • TVA will soon sponsor a citizen- science initiative to photograph and geotag the oldest cedars in the Valley • TVA’s dendro and reliability work is being led by our next generation of women in science
Slide 53: Pulling it All Together
Pulling it All Together • Once the dendro is complete, then TVA will use the reconstructed inflows in the reservoir operating model • Statistics for % time dry will be calculated • Discussions with stakeholders can begin • Further reliability improvements or additional water uses can be considered R
Slide 54: Drought Management
Drought Management • TVA has an agency drought management plan • It focuses mostly on collaborative decision making, but is not very prescriptive Regional Resource Stewardship Council | 54
Slide 55: Reservoir Operating Policy
Reservoir Operating Policy These goals conflict during a drought Regional Resource Stewardship Council | 55
Slide 56: Case Study on the Duck River
Case Study on the Duck River A drought preparedness study goes beyond a simple determination of future resource conflicts; it serves as a motivator for conflict resolution. Without knowing your status quo future, you lack a basis for motivation. After all, if you don’t know where you’re going, why p
Slide 57: Questions
Questions Questions?
Slide 58: Stewardship of TVA's Archaeological Collections
Stewardship of TVA’s Archaeological Collections Erin Pritchard November 5, 2018
Slide 59: History of TVA Archaeology
History of TVA Archaeology • TVA involved in archaeology since 1933 • Archaeological excavation work was part of New Deal initiatives • Resulted in accumulation of very large archaeological collection • No long term plan or permanent curation standards Regional Resource Stewardship Council | 59
Slide 60: Archaeological Site Management at TVA
Archaeological Site Management at TVA Photo by Alan Cressler • Recorded 11,500 archaeological sites across seven states with approximately 30-35% of land inventoried • Responsible for the identification, management and protection of archaeological sites on all TVA • Resources include Native American
Slide 61: Relevant Laws and Regulations
Relevant Laws and Regulations • National Historic Preservation Act of 1966 (NHPA) • Archaeological Resource Protection Act of 1979 (ARPA) • Native American Graves Protection and Repatriation Act of 1990 (NAGPRA) • 36CFR79: Curation of Federally-Owned and Administered Archaeological Collections • Nat
Slide 62: Native American Graves Protection and Repatriation Program
Native American Graves Protection and Repatriation Program • NAGPRA provides for the protection of Native American cultural items, and establishes a process for the authorized removal of human remains, funerary objects, sacred objects, and objects of cultural patrimony from sites located on lands ow
Slide 63: Curation of Federally-Owned and Administered Archaeological Collections
Curation of Federally-Owned and Administered Archaeological Collections • Responsibility for Federal Collections • Procedures and guidelines to manage and preserve collections • Recommendations for developing contracts with repositories for curatorial services • Standards to determine when a reposit
Slide 64: Previous Conditions at Alabama
Previous Conditions at Alabama Regional Resource Stewardship Council | 64
Slide 65: Curation Improvement Initiative
Curation Improvement Initiative Regional Resource Stewardship Council | 65
Slide 66: Current Conditions at UT
Current Conditions at UT Regional Resource Stewardship Council | 66
Slide 67: McClung Museum of Natural History and Culture
McClung Museum of Natural History and Culture • Houses TVA Collections • Native American Exhibit with TVA artifacts • Active research on TVA collections • Beginning NAGPRA Repatriation in FY19 Regional Resource Stewardship Council | 67
Slide 68: Path Forward
Path Forward University of Alabama • Completion of NAGPRA repatriation • Complete legacy collections improvement project • Complete other collections improvement projects University of Tennessee • Prioritize curation needs • Initiate Repatriation of NAGPRA items this fiscal year Review other Reposit
Slide 69: Questions?
Questions? Regional Resource Stewardship Council | 69
Slide 70: Slide 70
Slide 71: Wrap up and Adjourn
Wrap up and Adjourn • Field trips bus location • Breakfast at your hotel Council Future Topics of Interest Regional Resource Stewardship Council | 71
Slide 72: Lunch Break
Lunch Break Meeting Adjourned for Today Meeting will reconvene tomorrow, 11/6, at 8:30 AM
Slide 73: Regional Resource Stewardship Council
Regional Resource Stewardship Council November 6, 2018 Knoxville, Tennessee
Slide 74: Slide 74
Slide 75: Agenda – November 6, 2018
Agenda – November 6, 2018 8:30 Welcome and Recap JoAnne, Facilitator 8:35 Council Discussion / Form Council Advice 9:25 Prepare for Public Comment Period 9:30 Public Comment Session JoAnne 10:30 Break 10:45 River Operations Update Tom Barnett 11:05 Finalize Advice Statement Council 11:15 Natural Res
Slide 76: Day 1 Recap
Day 1 Recap • Programmatic agreements • Water reliability study • Cultural collection management Regional Resource Stewardship Council | 76
Slide 77: RRSC Discussion
i RRSC Discussion
Slide 78: Council Advice Discussion
Council Advice Discussion How can TVA best engage water utilities, industry, regulatory and other affected stakeholders in using the information from our water supply reliability study to enhance economic development and drought preparedness in the TVA region? Regional Resource Stewardship Council |
Slide 79: Break / Prepare for Public Comment Period
Break Prepare for Public Comment Period
Slide 80: Public Comment Period
Public Comment Period • Public participation is appreciated • This is a listening session; responses are typically not provided
Slide 81: River Management Updates
River Management Updates Tom Barnett General Manager, River Management
Slide 82: Tennessee River System and Watershed
Tennessee River System and Watershed Regional Resource Stewardship Council
Slide 83: River Management Focus Areas
River Management Focus Areas River Management is responsible for scheduling the day-to-day, integrated operation of the Tennessee River system and balancing the competing demands on the system and the overall value to the public. Our integrated operations provide multiple benefits to the people of t
Slide 84: Flood Control
Flood Control • Use tributary dams to store water during flood to reduce downstream flooding • TVA’s River Forecast Center issues flood forecasts for major areas along the Tennessee River through partnerships with the National Weather Service • Release water at non-flood rate once levels below dams
Slide 85: Rainfall and Runoff
Rainfall and Runoff Regional Resource Stewardship Council | 85
Slide 86: 2018 Atlantic Hurricane Season
2018 Atlantic Hurricane Season • Tropical Depression Alberto – Memorial Day weekend • Tropical Depression Florence – mid September • Tropical Depression Michael – early October Regional Resource Stewardship Council | 86
Slide 87: 2018 Notable Tributary Spill
2018 Notable Tributary Spill Spilling at Fontana Ahead of Hurricane Florence Cherokee Spilling for the First Time Since 1994 Record Spill at Chatuge Associated with Hurricane Alberto Regional Resource Stewardship Council | 87
Slide 88: Navigation - Kentucky Lock FY18 Highlights
Navigation - Kentucky Lock FY18 Highlights • Awarded the $55M Downstream Lock Excavation contract before the end of September • Awarded the $4M Site, Demolition, and Utilities contract in January • Significant progress in the $66M Downstream Cofferdam contract – including 2 out of 10 shell sets Regi
Slide 89: Navigation - Chickamauga Lock FY18 Highlights
Navigation - Chickamauga Lock FY18 Highlights • Completed ~80% of the Lock Excavation contract • Awarded the $240M Lock Chamber contract in September • Developed Post Authorization Change Report - $758M cost estimate exceeds original $481M authorization Regional Resource Stewardship Council | 89
Slide 90: Power
Power • 3,538 MW Conv. generating capacity (109 Units) • 1,653 MW Pump-storage capacity (4 units) • Peaking power demand • Rapid Dispatch and Flexibility • ~ 10% of TVA’s energy portfolio • Low O&M Costs • Used to displace more expensive fuels • Water temperature support at thermal generating plants
Slide 91: Water Quality / Power – Summer 2018 Hydrothermal Highlights
Water Quality / Power – Summer 2018 Hydrothermal Highlights River & Climate Conditions Hydrothermal Forecasting • High flow, 1.5°F above average air • Delft 3D models implemented in FEWS for all temperature nuclear plants, running in parallel with • High flow used up cold water in storage existing m
Slide 92: Water Quality - 2018 Aeration Highlights
Water Quality - 2018 Aeration Highlights • Watts Bar Hydro – Completed diffuser line construction project; installed a new power feed from the lock to the LOX pad. • Hiwassee Hydro - Completed diffuser line construction project. • Cherokee Hydro - Initiated diffuser line construction project. • Doug
Slide 93: Water Supply – TN Valley Water Balance
Water Supply – TN Valley Water Balance Why? The TN H2O plan is beginning to explore the overall picture for water in the state What? An overall water balance for the TN Valley was created How? Combining the water withdrawal and return data from the latest TVA report, along with the hydrologic data f
Slide 94: Recreation
Recreation • 230 Commercial Marinas • 260 Campgrounds • Drawdown restricted June 1 – Labor to provide higher summer lake levels • Numerous tailwater releases to support trout fishing, whitewater rafting and drift-boating • Economic Boost • Stakeholder Involvement • Special flows and elevations to su
Slide 95: Dam Safety Support – Flood Hazard Analyses
Dam Safety Support – Flood Hazard Analyses Why? TVA Dam Safety has improved processes such that investments are prioritized by risk. Much of the risk is driven by the likelihood of floods What? 15 studies calculating flood likelihood to extreme levels have been performed. How? Utilizing a combined s
Slide 96: Dam Safety Support – Dambreak Consequence Analyses
Dam Safety Support – Dambreak Consequence Analyses Why? TVA Dam Safety has improved processes such that investments are prioritized by risk. Much of the risk is driven by the consequences of unlikely hypothetical dambreaks What? 18 studies calculating dambreak consequences have been performed. How?
Slide 97: Stakeholder Outreach
Stakeholder Outreach • Tennessee Valley Water Partnership • Direct stakeholder outreach to Trout Unlimited during long term hydro unit outages • Conducted 69 educational tours of the River Forecast Center, including over 500 visitors • Participation in community outreach programs, STEM, Robotics, Se
Slide 98: Social Media
Social Media River Management Tweets are typically above the national average engagement rate on Twitter 15,654 Impressions; 1,381 Engagements; 8.8% Engagement rate (national average between 0.09% - 0.33%) Calendar year-to-date posts about River Management on Facebook has reached about 1.9M people R
Slide 99: Hydro Facility Tours
Hydro Facility Tours • Hosted tours across the Tennessee Valley − Norris − Chickamauga − Wilson − Kentucky − Guntersville − Raccoon Mountain • 22 tours • About 500 people Regional Resource Stewardship Council | 99
Slide 100: Hydro Facility Tours - Feedback
Hydro Facility Tours - Feedback Regional Resource Stewardship Council | 100
Slide 101: Questions?
IVA Questions?
Slide 102: Finalize Sentiment Statement
Finalize Sentiment Statement
Slide 103: Council Advice Discussion
Council Advice Discussion How can TVA best engage water utilities, industry, regulatory and other affected stakeholders to use the information from our water supply reliability work to enhance economic development and drought preparedness in the region? Regional Resource Stewardship Council | 103
Slide 104: TVA Natural Resources Update
TVA Natural Resources Update November 6, 2018 Bucky Edmondson, Natural Resources
Slide 105: Natural Resources Focus Areas
Natural Resources Focus Areas Nuisance & Reservoir Section 26a Land & Public Land Invasive Lands & Land Use Habitat Protection Species Planning Agreements Stewardship Management Cultural Water Public Resource Resource Recreation Ecotourism Outreach & Management Stewardship Information Regional Resou
Slide 106: FY18 Year End Summary
FY18 Year End Summary • 347 stewardship projects implemented in 108 counties • 121 recreation projects to expand opportunities and increase tourism • 45 cleanups in 40 counties supported to result in 140 tons removed from lakes and public lands • 10,500 children engaged through environmental educati
Slide 107: Power of Partnerships in FY18
Power of Partnerships in FY18 External Partnership Project Input ~ $7.4M $11.6M Valley-wide Positive Impacts NR’s Partnership Project Input $4.3M Regional Resource Stewardship Council | 107
Slide 108: Counties Reached Through Stewardship Efforts
Counties Reached Through Stewardship Efforts Natural Resource Stewardship Council |108
Slide 109: Natural Resources Plan Update
Natural Resources Plan Update Completed public scoping period and scoping report • Hosted 4 public open houses and a webinar • Used web and social media platforms to inform and solicit comments • Received 29 comments related to: Aquatic Vegetation River operations Prescribed fire Silver Carp Trails
Slide 110: 2020 NRP Update Schedule
2020 NRP Update Schedule Scoping Draft SEIS Public Comment Final SEIS July 16 – August 20, 2018 September 2018 – May 2019 May – June 2019 June 2019 – March 2020 Public Notice of Intent Prepare Final SEIS Prepare Draft SEIS 30-Day Public Scoping Draft SEIS 60 Day Public Comment Period June to Decembe
Slide 111: Public Land Protection Policy
Public Land Protection Policy Public Land Protection The TVA Board approved the Public Land Protection Policy on August 22, 2018 reinforcing TVA’s commitment to protect public and resources on the TVA reservoir system. These public lands and resources are what helps make the Tennessee Valley an attr
Slide 112: Public Land Protection Policy Advice
Public Land Protection Policy Advice Public Land Protection RRSC provided valuable input on: • Overall strategy • Public engagement • Incorporate technology tools • Regulatory guidance Specifically we: • Expand efforts in outreach • Violation and encroachment resolution and prevention tools • Contin
Slide 113: Asset Maintenance and Inventory
Asset Maintenance and Inventory Public Land Protection FY18 Accomplishments • 1,585 parcels assessed on 25 reservoirs • 1,435 parcels assessed had no assets • 2,952 assets collected/assessed on the remaining 150 parcels • Developed the Natural Resource Maintenance and Inventory guideline FY19 Goals
Slide 114: Floating Cabin Program
Recreation Floating Cabin Program • Phase 1 Rules effective October 1, 2018 • Draft Phase 2 Rules to be published this Fall • Electrical, wastewater, flotation, compliance fees and mooring • Permitting, rebuilds, size criteria, locations, transfers, etc. • Stakeholder Review Team consensus except on
Slide 115: Trout Partnership
Trout Partnership Water Resource Stewardship • Partnered with the US Fish and Wildlife Service, Tennessee Wildlife Resources Agency and Georgia Department of Natural Resources • Renewed a three year contract to fund the operations of three national fish hatcheries: Erin, Dale Hollow and Chattahooche
Slide 116: DFO Briefing
DFO Briefing Amy Henry, Senior Manager, Enterprise Relations and Innovation Designated Federal Officer Alternate
Slide 117: TVA Update
TVA UPDATE • Board approved $5.5 B budget – Reduced debt by $1.6 B in 5 years • Executive Management changes • 2018 Economic Development – 54,000 jobs created or retained – $10.2 B in capital investment • IRP 2019 • Facebook solar Natural Resource Stewardship Council |117
Slide 118: Wrap Up and Adjourn
i Wrap Up and Adjourn
Slide 119: Thank you and please travel safely!
Thank you and please travel safely!
Tennessee Valley Authority — Investor Presentation (November 2018) on 6ix