Tennessee Valley

TVA Reports Second Quarter Fiscal Year 2024 Financial Results

Retrieved on: 
Tuesday, April 30, 2024
Storm, Webcast, Tennessee Valley, Heat, Electricity, Investment, TVA, Depreciation, Carbon, History, Renewable energy

ET conference call discussing TVA's second quarter financial results.

Key Points: 
  • ET conference call discussing TVA's second quarter financial results.
  • "TVA is a national leader in carbon reduction, but we aren't satisfied," said Jeff Lyash, TVA President and CEO.
  • "Our customers continue to benefit from TVA's low effective rates," said John Thomas, TVA Chief Financial and Strategy Officer.
  • TVA's senior leadership team will host a conference call and webcast at 9:30 a.m. today to discuss the second quarter fiscal year 2024 results.

Clayton Home Building Group® Partners with Keep the Tennessee River Beautiful

Retrieved on: 
Wednesday, April 24, 2024
Water quality, Garbage, Transport, Housing, Keep America Beautiful, Partnership, TRU, Environment, Tennessee Valley, Recycling, Organization, Tunnel

MARYVILLE, Tenn., April 24, 2024 /PRNewswire/ -- Clayton Home Building Group® is excited to announce a three-year partnership agreement with Keep the Tennessee River Beautiful, an organization dedicated to a clean, healthy, beautiful Tennessee River for generations to come. The partnership formalizes an existing relationship in which Clayton team members volunteer at river cleanups and participate in a cigarette recycling program at its home building facilities.

Key Points: 
  • MARYVILLE, Tenn., April 24, 2024 /PRNewswire/ -- Clayton Home Building Group® is excited to announce a three-year partnership agreement with Keep the Tennessee River Beautiful , an organization dedicated to a clean, healthy, beautiful Tennessee River for generations to come.
  • Kathleen Gibi, Keep the Tennessee River Beautiful executive director, says, "We are thrilled to have Clayton as an official partner of Keep the Tennessee River Beautiful.
  • In addition to river cleanups, Clayton home building and supply facilities in Tennessee and Alabama are participating in a cigarette recycling program with Keep the Tennessee River Beautiful.
  • The recycling program is also supported by Keep America Beautiful, of which Keep the Tennessee River Beautiful is an affiliate, the Tennessee Valley Authority and the Tennessee Department of Transportation.

FedRAMP® Authorization Granted to Onspring GovCloud to Deliver Next-Gen GRC Software to U.S. Federal Agencies

Retrieved on: 
Tuesday, April 2, 2024
Automation, CISM, Tennessee Valley Authority, Federation, Partnership, Risk, Bureau, NERC, PMP, OMB, CISSP, POA, GRC, Tennessee Valley, Patent, TVA, Medical device

OVERLAND PARK, Kan., April 2, 2024 /PRNewswire/ -- Onspring, a no-code, cloud-based GRC software, announced the company achieved moderate-level FedRAMP® Authorization for Onspring GovCloud, which offers a suite of GRC process automation and reporting products, including OMB A-123, POA&M, and NERC compliance. 

Key Points: 
  • OVERLAND PARK, Kan., April 2, 2024 /PRNewswire/ -- Onspring, a no-code, cloud-based GRC software, announced the company achieved moderate-level FedRAMP® Authorization for Onspring GovCloud , which offers a suite of GRC process automation and reporting products, including OMB A-123, POA&M, and NERC compliance.
  • With the U.S. federal government moving operations to the cloud, GRC leaders at federal agencies had few options for FedRAMP-Authorized, cloud-based GRC software until Onspring GovCloud's FedRAMP Authorization.
  • Known for speed, reliability, flexibility, and ease of administration, Onspring saves time and cost through efficient and effective risk and compliance programs.
  • "Our GovCloud software increases efficiencies by 70%, enabling federal agency leaders to quickly and accurately execute GRC programs that improve their risk posture."

Southeast Mountain Towns of Blue Ridge, GA and Tellico Plains, TN Set to Host Celebrated Trout Festivals

Retrieved on: 
Friday, March 15, 2024
C3, Camping, Tennessee Valley, Trout, Geotourism, Natural Resources, Trout Unlimited, Volunteering, Council, Tourism, Water, Recreation, Multimedia, Southern United States, TVA, Aquaculture

NORRIS, Tenn., March 15, 2024 /PRNewswire-PRWeb/ -- The Tennessee River Valley upcountry communities of Tellico Plains and Blue Ridge are set again this spring to celebrate their proud reputations as two of Southern Appalachia's premier trout fishing towns.

Key Points: 
  • The remote and rugged swaths of national forest and mountain wilderness make Tellico Plains and Blue Ridge two of the greatest wild-water gateway destinations in the Great American South.
  • Fannin County's Blue Ridge Trout Festival is recognized as Georgia's Official Trout Festival.
  • In just four years, the Tellico Trout Festival has become one of the largest annual downtown festivals in Southeast Tennessee.
  • By bringing together communities, anglers, and outdoor lovers, the Tellico Trout Festival and Blue Ridge Trout Festival underscore the vital connection between recreation, conservation and local economies.

Norris Lake Project Celebrates 15 Years of Conservation Stewardship and Community Service

Retrieved on: 
Wednesday, March 13, 2024
Tourism Bureau, National Scenic Byway, Tennessee Valley Authority, Environment, Depression, Tennessee Valley, NLP, Grainger, Volunteering, Volunteer State, Civilian Conservation Corps, Tourism, Great Depression, Tennessee Wildlife Resources Agency, TWRA, Multimedia

NORRIS, Tenn., March 13, 2024 /PRNewswire-PRWeb/ -- The Norris Lake Project, an all-volunteer organization dedicated to the preservation and perpetual improvement of Norris Lake and its surrounding communities, proudly announces its 15th anniversary of service.

Key Points: 
  • The Norris Lake Project, an all-volunteer organization dedicated to the preservation and perpetual improvement of Norris Lake and its surrounding communities, proudly announces its 15th anniversary of service.
  • NORRIS, Tenn., March 13, 2024 /PRNewswire-PRWeb/ -- The Norris Lake Project, an all-volunteer organization dedicated to the preservation and perpetual improvement of Norris Lake and its surrounding communities, proudly announces its 15th anniversary of service.
  • Since its founding in 2009, the Norris Lake Project (NLP) has been committed to safeguarding the natural beauty and enhancing recreational opportunities throughout the scenic Norris Lake, which is spread across 34,000 surface acres and surrounded by over 800 miles of shoreline.
  • Operating as a 501(c)(3) nonprofit, the Norris Lake Project is fueled purely by the dedication and commitment of its members and supporters.

Type One Energy Collaborates with TVA, ORNL on Potential Fusion Prototype at Bull Run Plant

Retrieved on: 
Wednesday, February 21, 2024
Environment, Technology, Environmental Issues, Other Technology, Alternative Energy, Green Technology, Energy, Nuclear, Science, Other Science, Engineering, TVA, General assembly, Nuclear energy, Economic development, Tennessee Valley, Oak Ridge National Laboratory, Assembly, Tennessee General Assembly, Bull Run Fossil Plant, Safety, Infinity 1, Infinity, Knoxville, Tennessee, Congress, Project Infinity, Workforce, Commissioner, Partnership, Renewable energy

In partnership with TVA and ORNL, Type One Energy will explore subsequent opportunities to further advance commercial deployment of fusion energy in the East Tennessee region.

Key Points: 
  • In partnership with TVA and ORNL, Type One Energy will explore subsequent opportunities to further advance commercial deployment of fusion energy in the East Tennessee region.
  • Infinity One will allow Type One Energy to verify important design features of its high field stellarator fusion pilot plant, particularly those related to operating efficiency, reliability, maintainability, and affordability.
  • Type One Energy will establish its headquarters in East Tennessee, creating over 300 high-paying jobs within the next five years.
  • “Our administration created the Nuclear Energy Fund in partnership with the Tennessee General Assembly to recruit companies like Type One Energy.

Sipsey Fork, Alabama: 49 Years of Protected Wilderness Waterfall Bliss

Retrieved on: 
Sunday, February 18, 2024
TVA, Multimedia, Wilderness, Quality of life, Tourism, Commerce, Tennessee Valley, Relaxation, History, Wilderness Act, Recreation, Council, Movement, Human, Hunting

An Eastern Wilderness Movement -- led by advocates like Alabamians Mary Ivy Burks and John Randolph -- emerged and convincingly argued for tract designations in the East, not so much for their size and "untouched" nature, but for their irrepressible importance as unique and scenic native wildlife habitats, and places of serenity refuge for humans.

Key Points: 
  • These protected areas offer visitors authentic experiences and benefit the small rural communities that are located nearby.
  • KNOXVILLE, Tenn., Feb. 18, 2024 /PRNewswire-PRWeb/ -- Spanning 25,000 acres and boasting too many mesmerizing falling-water features to count, Sipsey Fork Wilderness area remains a first-rate place of protected natural habitat magnificence and ecological resilience.
  • Wilderness areas are of irrepressible importance as unique and scenic native wildlife habitats, and places of serenity refuge for humans.
  • It was owing to its enchanting character as a sparkling sylvan paradise that the Sipsey Fork watershed became the first federally designated wilderness area in the Eastern United States in 1975.

GRIID Infrastructure Announces Plans to Double Capacity of Lenoir City, Tenn. Bitcoin Mining Operations

Retrieved on: 
Wednesday, February 14, 2024
TVA, Tennessee Valley, Mining, Growth, Electricity, Renewable energy

CINCINNATI, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (Nasdaq: GRDI) (“GRIID” or the “company”), a vertically integrated bitcoin mining operator, announced plans to double the capacity of its bitcoin mining operations in Lenoir City, Tenn. from 20 MW to 40 MW in mid-2024 by adding a new site expected to power approximately 6,500 machines.

Key Points: 
  • CINCINNATI, Feb. 14, 2024 (GLOBE NEWSWIRE) -- GRIID Infrastructure Inc. (Nasdaq: GRDI) (“GRIID” or the “company”), a vertically integrated bitcoin mining operator, announced plans to double the capacity of its bitcoin mining operations in Lenoir City, Tenn. from 20 MW to 40 MW in mid-2024 by adding a new site expected to power approximately 6,500 machines.
  • “We’re focused on building our growth and expanding our capacity by moving sites like this from our power pipeline to production,” said Trey Kelly, CEO of GRIID.
  • In the aggregate, GRIID operates 68 MW of mining capacity (55MW in Tennessee).
  • When the new facilities in Jackson and Lenoir City become fully operational, GRIID would have nearly 150 MW of mining capacity, which would more than double its current capacity and represents the ongoing commitment to growth in the Tennessee Valley.

BWXT Subsidiary Awarded $122 Million Contract Extension for Uranium Downblending Services

Retrieved on: 
Wednesday, February 14, 2024
Aerospace, Manufacturing, Other Energy, Nuclear, Utilities, Other Defense, Defense, Alternative Energy, Contracts, Energy, Engineering, LEU, TVA, Tennessee Valley, Uranium, BWX Technologies, Form 10-K, BWXT, HEU, Annual report, Government, NNSA, Enriched uranium, NFS, Unitary state, Security (finance), Risk, Uranium mining

BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU).

Key Points: 
  • BWX Technologies, Inc. (NYSE: BWXT) today announced that its Nuclear Fuel Services, Inc. (NFS) subsidiary was awarded a $122 million contract extension from the Tennessee Valley Authority (TVA) for the downblending of highly enriched uranium (HEU) into low enriched uranium (LEU).
  • Under this contract, NFS will continue to provide downblending services to the TVA in support of the National Nuclear Security Administration’s (NNSA) defense programs objectives.
  • This contract extension continues the current downblending operations from July 2025 to June 2027.
  • “This contract extension also enables operations and engineering continuity with our uranium conversion and purification contract with NNSA.”
    Downblending is a process in which HEU is mixed with natural uranium resulting in LEU needed for various commercial and national defense purposes.

PetSafe® donates nearly $100,000 to pet shelters for predicting the winner of the "Big Game"

Retrieved on: 
Monday, February 12, 2024
Pet, Social media, Tennessee Valley, Joy, SPCA, Humane society

As part of this celebration, PetSafe® unleashed "Field Goals of Joy" by recruiting pet shelters and their pets to participate in the "Big Game" by taking videos of their MVPs (most valuable pets), picking the winner, and posting them on social media.

Key Points: 
  • As part of this celebration, PetSafe® unleashed "Field Goals of Joy" by recruiting pet shelters and their pets to participate in the "Big Game" by taking videos of their MVPs (most valuable pets), picking the winner, and posting them on social media.
  • In doing so, the participating shelters received $1000 worth of PetSafe® products for every field goal kicked.
  • In all, fourteen animal shelters participated, and seven field goals were scored, totaling $98,000 worth of PetSafe® products awarded to the shelters.
  • The shelters that participated are:
    Kentucky Humane Society, Beaver County Humane Society, Lancaster Animal Care Center, Cedar Bend Humane Society, Monadnock Humane Society, Southern Pines Animal Shelter, Gulf Coast Humane Society, Dakin Humane Society, Richmond Animal League, Humane Society of the Tennessee Valley, Saving Grace Pet Adoption, Longmont Humane Society, Humane Society of Marshall County, SPCA of Hancock County