JAMES MADISON QUOTE - 1822

"A popular government without popular information, or the means of acquiring it, is but a Prologue to a Farce or a Tragedy; or, perhaps both. Knowledge will forever govern ignorance; and a people who mean to be their own governors must arm themselves with the power knowledge gives."

SCOTTSBORO WEATHER - SUN & MOON RISE

Showing posts with label TVA CEO. Show all posts
Showing posts with label TVA CEO. Show all posts

Sunday, November 13, 2016

TVA, Tennessee Valley Authority, 1st Quarter 2017 Board Meeting, 2016 Financial Overview, Presidents Report, November 10, 2016 at Blairsville Georgia.

TVA graphic, Power Fist, Fair Use for non-profit news reporting and commentary. 

Union County Schools Auditorium
TVA Meeting place, nice facility. Fair Use for non-profit news reporting and commentary, Union County Georgia Schools photo.

             TVA Board Meeting 

                                              Agenda
                                              Presentation

11-10-16 Blairsville, Georgia TVA Quarterly Meeting, Citizen Input from SACE



11-10-16 Blairsville, Georgia TVA Quarterly Meeting. Part 1 is TVA's Financial Report for FY 2016.



11-10-16 TVA Board Meeting Part 2 Blairsville, Ga. - People & Performance Committee Report



November 10, 2016 Blairsville, Georgia TVA Board Meeting, Part 3 President's Report


11-10-16 Blairsville, Ga. TVA Board Meeting, Nuclear Oversight & External Relations Committee

Tuesday, August 30, 2016

TVA Quarterly Board Meeting in Knoxville, Tn., Browns Ferry Extended Power Uprate Problems, A Compromise of Defense-in-Depth August 25, 2016

TVA President/CEO Bill Johnson provides the Presidents Report to Board Board Members and Ratepayers Thursday, August 25, 2016. TVA Board Member Lynn Evans is on Mr. Johnson's right.
Information on TVA Board Members and future board meeting dates and places may be found at https://www.tva.com/About-TVA/Our-Leadership/Board-of-Directors

Several Ratepayers and citizens expressed their concerns with the TVA Board. The Majority of the citizen input involved Floating Homes on TVA waters. Information on the TVA's Floating Homes Policy may be found at this link: https://tva.com/Environment/Shoreline-Construction/Floating-Houses

A historical listing of TVA's presentations and financial statements may be found at: http://www.snl.com/IRW/Presentations/4063363

Information on TVA's August 25th  2016 Board Meeting including the Agenda may be found at https://www.tva.com/About-TVA/Our-Leadership/Board-of-Directors/Meeting-Archive/TVA-Board-Meeting-August-25-2016

TVA on site videos of the meeting by BEST/MATRR Member Garry Morgan

President's Report


Chief Financial Officers Report



Selected Citizen Comments, Part 1
 
Selected Citizen Comments, Part 2 - People and Environmental Issues


Comments by Garry Morgan and Gretel Johnston Regarding the Extended Power Uprate at the Browns Ferry Nuclear Plant, Link to Report Discussed by Mark Leyse http://best-matrr.org/16-0803_Leyse's%20Browns%20Ferry%20Comments.pdf


Summary of the TVA Browns Ferry Nuclear Plant Extended Power Uprate Problem compiled by Garry Morgan as presented to the TVA Board of Directors. 

Presented to you are comments of Mark Leyse, Nuclear Safety Advisor, for BEST/MATRR. The  information presented to you in the enclosed report to the Tennessee Valley Authority (TVA) Board and the Chief Executive Officer, indicates there is an error in the computer safety model analysis of the Extended Power Uprate (EPU) for the Browns Ferry Nuclear Plant (BFN).

This error undermines the defense in depth safety requirements of the Browns Ferry Nuclear 
Facility. This same report has been presented as comments to the Nuclear Regulatory  Commission (NRC).

Non-conservative computer safety model analyses were performed in order to justify the  Extended Power Uprate (EPU) for the Browns Ferry Nuclear Plant (BFN).  As explained in the  comments presented, experimental data indicates that the EPU analyses under-predict the  rates of the chemical reaction between zirconium and steam that would occur in the event of a  loss-of-coolant accident (“LOCA”).  This means that the analyses under-predicts the rates in  which energy (heat) is released, hydrogen generated, and zirconium fuel-cladding oxidized by  the zirconium-steam reaction. The computer safety model is supposed to over-predict temperatures in order to ensure an adequate margin of safety.

By overlooking the deficiencies of the computer safety models, the TVA and the NRC have  undermined defense-in-depth safety principles, requiring the application of conservative  models in the computer safety model analysis. The health and safety of citizens living in the  area surrounding the Browns Ferry Nuclear Plant should not be compromised by TVA using  these non-conservative safety models to help qualify for the proposed Extended Power Uprates  at the aging Browns Ferry Nuclear Plant.

Sunday, February 14, 2016

TVA Quarterly Board Meeting at Chattanooga, Tennessee February 11, 2016

TVA Power Fist - Fair Use for non-profit news reporting and commentary

UPDATE: February 17, 2016 - TVA Seeking Input Regarding Potential Sale of the Bellefonte Nuclear Facility near Scottsboro, Al. article in Scottsboro's Clarion Newspaper: http://www.theclarion.org/index.php?option=com_content&view=article&id=9821:tva-seeks-comment-on-potential-sale-of-bellefonte-nuclear&catid=55:news&Itemid=143

Ghosts of Bellefonte - photo by G. Morgan

TVA looking to sell Bellefonte property - Johnson say's "TVA needs to weigh merits of generation, development."
“As we consider this decision, it is important that we hear from interested stakeholders, potential site developers and the general public,” said TVA President and CEO Bill Johnson. “TVA has been investing at a minimal level to preserve the Bellefonte site for future generating use, should we need it.” 
“The 2015 Integrated Resource Plan, completed with public input, indicates it may be two decades before additional large baseload generation is needed,” he said. “It’s time we answer the question of whether TVA is serving the public well by retaining control of the Bellefonte site, or if others could make more beneficial use of it. And with economic development as a cornerstone of our mission, TVA wants to know if there is an entity interested in investing and creating jobs at this location.” 

The public comment period runs through March 18. There is no public meeting scheduled.


Recent suggestions to sell the facility.

Rumor has been circulating locally that Tom Kilgore, former TVA CEO and Jackson Co. resident, will head up an effort to bring the facility into a power generation mode utilizing new and current assets financed by external players in a VIE, variable interest entity (sell-lease back), type of plan. Locally, EDA representatives are denying this plan.

My thoughts, Nuclear Power proponents are their own worse enemy, they do not look realistically at the truth about cost at the front and the end of such projects. Deceit has become a debilitating culture within the civilian nuclear power industry. There is a penchant for shortcuts to save money. This presents a serious problem in regards to safety, security and Human Reliability


TVA BOARD MEETING
Thursday, February 11, 2016 the Tennessee Valley Authority met in Chattanooga, Tn. for its 1st quarter board meeting.

AGENDA

TVA SLIDE PRESENTATION

TVA BOARD of DIRECTORS WEB SITE

PRESS REPORTS
Supreme Court delay of Clean Power Plan won't affect TVA

Nuclear group picks TVA's Bill Johnson as governing board chairman

TVA retirees 'reject' proposal to cut $700 million from underfunded pension plan

TVA Engineer of the Year

Bellefonte 3 & 4, motion has been filed to abandon licensing of the AP1000 Reactor project. "It's time to quit wasting money pursuing this project that TVA can't afford," said Garry Morgan, a Scottsboro resident and critic of the Bellefonte project... "We welcome TVA's decision to slow the financial hemorrhage at Bellefonte 3 and 4," Dr. Stephen A. Smith, executive director of the Southern Alliance for Clean Energy, said in a statement today. "We strongly encourage TVA to go ahead and close the books on the 42-year old Bellefonte 1 and 2 reactor units, which will never be completed, saving more money and allowing Northern Alabama to move into the 21st century with new economic opportunities like Google, energy efficiency and clean solar power." 

Bellefonte 1,2,3,4 - TVA's Dream, Ratepayers Nightmare

TVA Wastes Their Time and Our Money - Bellefonte Efficiency and Sustainability Team/Mothers Against Tennessee River Radiation, a chapter of Blue Ridge Environmental Defense League, presented a report on Friday showing TVA’s "waste of money on nuclear power."   The group called for a withdrawal of the operating license for Bellefonte nuclear power plant in Hollywood, Al. 
"TVA is not being transparent with the public about their debt and operational costs,” said Garry Morgan, BEST/MATRR treasurer. “They operate under a veil of fractured accounting making it very difficult to figure out their total financial status"..."As we move into a world of solar and wind energy, those sites could be used for safer economic alternatives without radioactive trash and with cleaner air and water for the health of our citizens,” said Gretel Johnston, BEST/MATRR member. " 

TVA Finances - debt and liabilities are much higher than reported. All commitments listed on the TVA 1st quarter financial report below. (Click on image for an expanded view.)


VIDEOS
Listening Session - Selected Presentations

Chattanooga, Tennessee - February 11, 2016. TVA Quarterly Board Meeting, Listening Session, input from the Blue Ridge Environmental Defense League, and their local chapter, The Bellefonte Efficiency and Sustainability Team and Mothers Against Tennessee River Radiation. We asked the TVA to stop wasting resources and our rate-payer dollars on the charade of Bellefonte Units 3 & 4, 2 proposed AP 1000 Nuclear Reactors estimated to cost between $12 & 15 Billion in today's dollars


 Concerned citizens from various environmental groups in the Tennessee River Valley discuss issues with the TVA Board.


TVA BOARD PRESENTATIONS - Presidents Report - Financial Report - Engineer of the Year, etc.
                         TVA Board Meeting Intro, TVPPA


TVA Industrial Committee Report, Presidents Report, Engineer of the Year Award, Pension Issue.


 TVA Board Meeting Bylaws, Regulatory Issues, Financial Report, Nuclear Oversight-CEO Appointed as WANO Chair, External Relations/People and Performance Committees, Appointment of Joe Ritch as Chair of TVA Board.

Saturday, February 14, 2015

TVA 1st Quarter 2015 Board of Directors Meeting February 12, 2015

"As provided by the TVA Act and the TVA Bylaws, the principal responsibilities of the Board are to establish the broad strategies, goals, and objectives, long-range plans, and policies of TVA and to ensure that those are achieved by the TVA staff led by the Chief Executive Officer. Each Director takes an oath to faithfully and impartially perform the duties of office. Directors serve part-time."

TVA Meeting & Video Presentation
Video
Presentation (PDF)
News release

See the full Board Meeting archive.

SPECIAL VIDEO PRESENTATIONS
February 12, 2015, TVA Board of Directors Meeting at Chattanooga, Tn. Listening session presentations by BREDL/BEST/MATRR members Sandy Kurtz and Garry Morgan.


February 12, 2015, TVA Board of Directors 1st Quarter 2015 Meeting at Chattanooga, Tn. Finance Report by CFO John Thomas,



February 12, 2015, TVA Board of Directors 1st Quarter 2015 Meeting at Chattanooga, Tn. Presidents Report by Bill Johnson. Engineer of the Year Award - Jeff Phillips.


NEWS ITEMS
Jeff Phillips, a principal engineer for the Tennessee Valley Authority, was recognized today as TVA's Engineer of the Year for 2015. http://www.timesfreepress.com/news/business/aroundregion/

TVA is moving to buy more natural gas and solar power generation as the federal utility continues to move away from coal-fired generation.  http://www.timesfreepress.com/news/business/aroundregion/story/2015/feb/12/tva-buy-gas-plant-mississippi-solar-power-alabama/288039/

The Tennessee Valley Authority voted Thursday to enter a power purchase agreement with NextEra for a planned 80-megawatt solar farm in the Shoals.   http://www.al.com/business/index.ssf/2015/02/tva_approves_agreement_to_buil.html

After revamping its pricing structure four years ago for the first time in two decades, the Tennessee Valley Authority is again preparing to alter the way it prices the electricity it produces.  http://www.timesfreepress.com/news/business/aroundregion/story/2015/feb/11/tvplans-change-way-it-prices-electricity/287725/

Saturday, February 16, 2013

TVA Quarterly Board Meeting - NEW Board Member Introductions

 
Let the Sunshine in - Chattanooga Times Free Press article: http://www.timesfreepress.com/news/2013/feb/16/meetings-closed/
 
Tennessee Valley Authority Quarterly Board Meeting
 
AGENDA

 
TVA Listening Session
 
TVA VIDEO & PRESENTATION
TVA Slide Presentations: TVA Presentation (PDF) 
TVA News Release: News Release
 
BOARD MEETING HIGHLIGHTS
 -->$245 million loss for 1st quarter FY 2013
-->$27.364 billion debt
-->TVA CEO Bill "DaNuke" Johnson claims nuclear power is clean energy and classifies it with renewable energy to reflect a 44% clean energy profile of TVA.
 

TVA CEO - BILL "DaNuke" JOHNSON


                    "There is no safe dose of radiation." Dr. Ian Fairlie
During 'normal' operations, nuclear power plants release radioactive poisons into our air and water – poisons that are known to cause genetic mutations, birth defects and cancer, especially in children. This is not medical-grade radiation, but some of the most toxic poisons known to man, poisons that build up in our gene pool and our food chain.
.
TVA BOARD MEETING HIGHLIGHTS


Clean nuclear power ? A total of 94,777 unique individual nuclear workers sick, dead or dying are represented by the 160,322 nuclear worker cases reported since the 2001 Energy Employees Occupational Illness Program Act for nuclear workers. The site link listed below is updated weekly. Prior to the 2001 passage date nuclear worker sickness,death and suffering of employees and familes was kept secret.The current statistics do not include all of the nuclear fuel sites nor reactor sites in the United States where employee contamination has sickened and killed workers. The Energy Employees Occupational Illness Program was codified in 2001 http://www.dol.gov/owcp/energy/regs/compliance/weeklystats.htm
Contamination events at nuclear sites are not followed up on by the NRC and published for public review as to outcomes of contaminated patients. .

Bellefonte Efficiency and Sustainability Team (BEST) / Mothers Against Tennessee River Radiation (MATRR):  http://www.matrr.org/ 

Energy Efficiency Programs, Wind, and Solar Power create more jobs, cost less, come online more quickly, and do not threaten the health of our valley.

Thursday, August 16, 2012

TVA CEO Tom Kilgore Announces Retirement - Full Report of TVA Quarterly Board Meeting

AUGUST 16, 2012 - KNOXVILLE, TENNESSEE AT THE CORPORATE HEADQUARTERS OF THE TENNESSEE VALLEY AUTHORITY - TVA
At today's quarterly TVA meeting TVA CEO Tom Kilgore announced he was going to retire in 4-6 months.
Short video of Mr. Kilgore's announcement.

Knoxville, Tn. TVA Quarterly Board Meeting Opening

 TVA'S QUARTERLY BOARD MEETING
Information about the TVA Board of Directors and Quarterly Meetings http://www.tva.com/abouttva/board/index.htm

TVA Board of Directors Listening Session
At the beginning of each TVA Board meeting the Board of Directors conduct a Listening Session. A speaker may sign up to speak prior to the meeting. Yesterday's session was long due to many citizens speaking about TVA's Transmission Line Clearance Policy. Approximately 30 citizens spoke in opposition of the policy and cited examples and photographs of inappropriate incursions onto private property. Another 15-20 citizens spoke on the issue of Energy Efficiency, Renewable Sustainable Energy needs, recreation property usage and 4 called for the resignation or firing of Tom Kilgore.
Listening Session Video link: Video of listening session (Windows Media) 

TVA Board of Directors Meeting
"The Board of Directors guides TVA in achieving the objectives and missions established by the TVA Act for the benefit of the people of the Valley.  As provided by the TVA Act and the TVA Bylaws, the principal responsibilities of the Board are to establish the broad strategies, goals, and objectives, long-range plans, and policies of TVA and to ensure that those are achieved by the TVA staff led by the Chief Executive Officer. Each Director takes an oath to faithfully and impartially perform the duties of office. Directors serve part-time." (TVA Board of Directors description) 
Board of Directors  Video of meeting (Windows Media)
TVA Executives Power Point presentation to the Board of Directors: TVA Presentation (PDF)


TVA News Release
KNOXVILLE, Tenn. – "Despite a challenging year, the Tennessee Valley Authority board of directors on Thursday passed a TVA budget for fiscal year 2013 that includes no increase in wholesale electric rates."  http://www.tva.com/news/releases/julsep12/august_board.htm
Video of media briefing (Windows Media)

Knoxville News Sentinel
"Whose on TVA's Board? That firm will presumably consider outside candidates, but here’s a look at the top executives who are already on the agency’s roster. Kim Greene  Janet Herrin  Joe Hoagland  Rob Manning  Ralph Rodgers  Mike Skaggs  Preston Swafford  John Thomas III  http://www.knoxnews.com/news/2012/aug/17/whos-tvas-management-bench/  


Chattanooga Times Free Press
"Kilgore said he will hold off turning his attention to his farm near Knoxville until TVA has chosen his successor. Board members said they will consider internal candidates and launch a nationwide search for Kilgore's replacement. In the meantime, TVA will begin the new fiscal year holding the line on electricity rates...TVA was able to keep rates steady in spite of losing $290 million in the first three quarters of the fiscal year." http://www.timesfreepress.com/news/2012/aug/17/tva-keeping-rates-down-kilgore-to-retire/
TVA's ranking in the top 100 utilities in the nation, 39 0f 100.


Knoxville News Sentinel
"After two hours of hearing complaints about TVA's tree cutting policy and other issues, the TVA board of directors approved a budget proposal Thursday that includes no wholesale electric rate increase for fiscal year 2013...[TVA Chief Financial Officer John Thomas] "We are not recommending a rate increase," he told the board. "We have sufficient resources to meet our obligations next year.""  http://www.knoxnews.com/news/2012/aug/17/no-rate-hike-in-tva-budget/
More debt on tap for FY2013.
Chief Financial Officers Budget Recommendation was approved.

"arklite.blogspot.com"
Comprehensive report on the current financial state of the TVA as described in their Quarterly SEC 10Q filing as of August 3, 2012 and Government Accounting Office's (GAO) October 2011 summary of TVA regarding a lack of financial planning. Also included is the latest TVA Bond Report from Fitch. http://arklite.blogspot.com/2012/08/talkn-about-tva-finances.html  

TVA Nuclear Problems
Preston Swafford, TVA Vice President of Nuclear Operations commented on several issues relating to TVA's Nuclear Power programs.
Browns Ferry problems continue to mount. "TVA's Browns Ferry Nuclear Plant flagged for more safety issues. August 15, 2012"
"The Athens, Ala., electricity plant powered by three nuclear reactors had a preliminary "white" finding -- NRC's least serious safety flag -- extended from one of the reactors to all three, according to NRC spokesman Joey Ledford."The "white" finding for all three units was based on an NRC inspection that found plant operators and staff would not have been able to satisfactorily perform newly implemented procedures for safe plant shutdown," Ledford said." http://www.timesfreepress.com/news/2012/aug/15/chattanooga-flagged-again-nuclear-plant/

Further information relating to the Browns Ferry January 2012 Unit 3 Control Room fire is expested to be released next week by the NRC. "TVA-Browns Ferry Nuclear Power Facility, NRC Meeting Supplemental Inspection Report." http://arklite.blogspot.com/2012/08/tva-browns-ferry-nuclear-power-facility.html

TVA will replace the four steam generators in Unit 2 at the Sequoyah Nuclear Plant. The proposed project would involve off loading the 65-foot-long, 15-foot-diameter cylindrical steam generators from transport barges, the cutting of a 45-foot by 22-foot-oval hole in the roof of the Unit 2 concrete shield building, the removal of the old steam generators through the hole, the installation of the new steam generators, repairing the roof of the shield building, and the on-site storage of the old steam generators in a special shielded building.

According to Dr. Marilyn Brown, TVA Board of Director member and Nuclear Oversight Committee Chair, one of the largest cranes in the world will be erected to remove and replace the steam generators.

It is estimated the Sequoyah Nuclear Plant steam generator replacement project will cost between $320-350 million dollars, tentatively scheduled to begin in September 2012 and will take approximately 90 days for project completion if all goes well.

The next TVA Board Meeting is tentatively scheduled for November 15, 2012 at Scottsboro, Alabama.