TVA seeks 2,000 megawatts of clean energy

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http://money.cnn.com/news/newsfeeds/articles/apwire/6979940022f5eda70fce44c3b20bbb9e.htm

NEW YORK (Associated Press) - The Tennessee Valley Authority is looking to buy up to 2,000 megawatts of renewable energy capacity by 2011.

The nation's largest public utility issued a request for proposals Tuesday to buy enough clean energy from the wind, sun and other renewable sources to supply about 978,000 homes in three years. It would be like adding two new nuclear reactors to the TVA system.

The possible energy sources also could include hydropower, geothermal, ocean, tidal, biomass and other biologically derived fuels, not necessarily produced in the Tennessee Valley.

"We know that there are producers, individuals or entities, out there that would be able to respond," TVA spokesman John Moulton said. "We just want to put this request out and find out what kind of market there is."

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1. 1,000 MW by June 1 next year

"The agency wants up to 1,000 megawatts of renewable generation delivered by June 1, increasing to 1,500 megawatts a year later and to 2,000 megawatts by June 1, 2011."