The Tennessee Valley Authority saw demand growth of around 1% to 2% in the last three months of 2025, and it anticipates “more robust” growth of around 2% per year for the next five years, according to the federal utility’s investor presentation on Tuesday.
“Growing energy demand on our system requires TVA to invest in new generation,” said TVA President and CEO Don Moul. “We have about 6,200 MW of new generation planned, with more than 3,700 MW of that actively under construction.”
Like the federal government, TVA operates on a fiscal year that begins Oct. 1 and ends Sept. 30. The latest financial report covers the first quarter of FY26, but executives also discussed more recent developments such as Winter Storm Fern, which struck in January…