TVA is launching the largest capital program in its history to feed the data center boom. (Utility Dive)
For context: Data center demand now adds up to 18% of TVA's total industrial load, and CEO Don Moul projects that figure will double by 2030. Combined with population growth, the utility anticipates 2% annual demand growth over the next half-decade.
To keep up, TVA is pursuing 6.2 GW of new generation. About 3.7 GW is already under construction, including two 1.5 GW gas plants designed to replace retiring coal units. The utility is also eyeing a new pumped hydro storage facility in Alabama and several nuclear initiatives.