The TVA Paradise Gas Turbine Power Plant is 750MW gas fired power project. It is planned in Kentucky, the US. The project is currently in announced stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in December 2023.
Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Thermal | 750 | – | 750 | Announced | Kentucky, the US | Tennessee Valley Authority |
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Description
The project is being developed and currently owned by Tennessee Valley Authority. The company has a stake of 100%.
It is a gas turbine power plant.
The project cost is expected to be around $1,045.05m.
The Gas fired project consists of 3 gas turbines.
Development Status
Post completion of the construction, the project is expected to get commissioned in December 2023.
About Tennessee Valley Authority
Tennessee Valley Authority (TVA) is a corporate agency and instrumentality established by federal law. It generates electricity using hydro, nuclear, coal, diesel and solar sources. Under short and long-term power purchase agreements and spot market purchases, the agency procures electricity from various power producers. TVA manages the Tennessee River system; operates flood control dams and related infrastructure; balances hydroelectric generation with navigation; and carries out flood damage reduction, water quality and supply and recreation. It supplies power to municipalities and other local government entities, and cooperatives on wholesale basis; and retails energy to end-use customers in northern Alabama, northeastern Mississippi, Tennessee and southwestern Kentucky, and portions of northern Georgia, western North Carolina and southwestern Virginia. TVA is headquartered in Knoxville, Tennessee, the US.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.