TVA power production up, revenues down
A colder winter and hotter summer than in previous years, plus increased demand drove electrical sales up, but TVA also faced challenges from loss of power generation because of overheating of the Cumberland and Tennessee rivers and the ongoing cleanup of the Kingston fossil plant coal ash spill.
On the up side, TVA President and CEO Tom Kilgore noted that TVA had adopted a new corporate vision focused on cleaner energy and energy efficiency, had its AAA bond rating confirmed, had a new board in place and had reduced its average monthly wholesale rate for power from 6.8 cents per kilowatt hour in 2009 to 6.17 cents in 2010.
"We had a B-plus year," Kilgore said during a web conference to review the report. "It wasn't an A plus year, but it was a very good year."
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Since 1990 there's been an increase of 43% in the warming effect on the climate of long lived greenhouse gases.
The WMO report looks at concentrations of warming gases in the atmosphere rather than just emissions.
The difference between the two is that emissions refer to the amount of gases that go up into the atmosphere from the use of fossil fuels, such…
