Press Mention Southeast Green January 29, 2014
SACE Quoted
Environmental Advocates Applaud Significant Carbon Reductions at TVA
In this mention
SACE executive director Dr. Stephen Smith praised TVA's carbon emission reductions, noting the utility has exceeded President Obama's Climate Action Plan targets by achieving 23% reductions below 2005 levels and is on track for 40% reductions by 2020. Smith attributed the progress to coal retirements, lower natural gas prices, and energy efficiency improvements, and called for expanded investment in renewable energy and efficiency programs.
These are impressive numbers, which represent a critical step toward mitigating climate change impacts while proving that cleaner energy will protect the air and water in the Tennessee Valley. The utility's steady decline in past emissions, coupled with a lower projected future rate of emissions, demonstrate that TVA's system-wide numbers appear to be well positioned ahead of new emission limits for existing sources of carbon pollution expected from EPA this summer.
Stephen A. Smith
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Full transcript
Environmental Advocates Applaud Significant Carbon Reductions at TVA
The Southern Alliance for Clean Energy (SACE) recognizes a recent analysis showing steady declines in carbon emissions from the nation's biggest public power entity, the Tennessee Valley Authority (TVA).
TVA's new findings, released at the utility's Regional Energy Resource Council meeting last week and discussed in a SACE blog, confirm a downward trend in the Agency's carbon dioxide (CO2) emissions since 1995. The data demonstrates that TVA has already exceeded the targeted 17% reduction below 2005 levels President Obama has set in the Administration's Climate Action Plan as the Agency is currently at 23% below 2005 levels. Moreover, TVA appears on target to achieve reductions of 40% below 2005 levels by 2020.
"These are impressive numbers, which represent a critical step toward mitigating climate change impacts while proving that cleaner energy will protect the air and water in the Tennessee Valley," stated Dr. Stephen Smith, executive director of SACE. "The utility's steady decline in past emissions, coupled with a lower projected future rate of emissions, demonstrate that TVA's system-wide numbers appear to be well positioned ahead of new emission limits for existing sources of carbon pollution expected from EPA this summer."
These reductions have resulted from a variety of factors including lower natural gas prices, decreased energy use caused by slower economic activity, changes in weather patterns, and increased energy efficiency enabling the retirement of 5,580 MW of coal throughout the TVA system.
"I am heartened by the retirements announced to date and remain hopeful that market forces and good planning in the newly begun Integrated Resource Planning process may mean the retirement of an additional 2,420 MW, bringing TVA's total coal retirements to 8,000 MW," said Smith.
Other regional utilities have made strides in coal retirement, but not as steeply as TVA.
Smith believes that energy efficiency and renewable energy will play a larger role in TVA's future, and he encourages TVA leadership to expand its investment in these areas.