TVA developing plans for 20 small nuclear reactors to power Tennessee Valley by 2050 (Chattanooga Times Free Press)

To decarbonize and electrify America’s economy, the head of the nation’s biggest public power utility thinks several hundred new nuclear reactors may be needed in the next generation, including 20 or so new smaller reactors across the Tennessee Valley.

In a talk to business investors and nuclear power leaders this week, TVA President Jeff Lyash said the utility’s initial efforts to build small modular reactors near Oak Ridge will serve as a model to construct more than a dozen other such reactors in TVA’s seven-state region. The reactors will help provide around-the-clock, carbon-free energy needed to meet TVA’s goal of operating a carbon-free power grid by 2050.

https://www.timesfreepress.com/news/2022/oct/26/tva-developing-plans-tfp/#/questions

Author: Christopher K. Merker, Ph.D., CFA

Christopher K. Merker, PhD, CFA, is a director with Private Asset Management at Robert W. Baird & Co. He holds a PhD in investment governance and fiduciary effectiveness from Marquette University, where he has taught the course “Sustainable Finance” since 2009. Executive director of Fund Governance Analytics (FGA), an ESG research partnership with Marquette University, he is a member of the CFA Institute ESG Working Group, an international committee currently exploring ESG standards, publishes the blog, Sustainable Finance, which covers current topics around governance and sustainability in investing, and is co-author of the book, The Trustee Governance Guide: The Five Imperatives of 21st Century Investing.