Press Mention Chattanooga Times Free Press February 16, 2023
Topical Mention
Electric vehicles, population growth to boost TVA power demand
In this mention
TVA President Jeff Lyash announced that electricity demand in the TVA region is projected to increase by at least 50% by 2050 due to electric vehicle adoption, population growth, and industrial electrification. The federal utility plans to address part of this demand growth through renewed focus on energy efficiency measures. The article discusses TVA's strategy to balance rising power demand with conservation efforts.
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Electric vehicles, population growth to boost TVA power demand
Federal utility wants to curb growth with renewed focus on energy efficiency
February 17, 2023
by
Dave Flessner
The shift from gasoline to electric-powered cars and the electrification of manufacturing in the growing Tennessee Valley is projected to boost the demand for TVA electricity by at least 50% by 2050, but the federal utility hopes to curb part of that growth with a renewed focus on energy efficiency measures.
TVA President Jeff Lyash told the TVA board this week that the utility will need to generate more power as electricity demand in TVA's seven-state region rebounds from a decade of relatively stagnant growth in power consumption. Lyash said population and economic growth in the region, combined with the shift to electric vehicles and more electrification of home heating and industrial machinery, could significantly boost electricity demand during the next three decades.