Tennessee Valley Authority · NYSE:TVC
Tennessee Valley Authority — Investor Presentation (September 2015)
109 slides from Tennessee Valley Authority's investor presentation, Sep 28, 2015
Slide 1: Regional Resource Stewardship Council
Regional Resource Stewardship Council September 28 and 29, 2015 Knoxville, Tennessee
Slide 2: Safety First
Safety First Building Emergency Plan Regional Resource Stewardship Council | 2
Slide 3: Agenda – September 28, 2015
Agenda – September 28, 2015 9:30 TVA Welcome Joe Hoagland, Designated Federal Officer RRSC Welcome Avis Kennedy, Council Chair Agenda Review Lee Matthews, Facilitator 9:50 FACA Briefing Kendra Mansur, Office of the General Counsel 10:00 DFO Briefing Hoagland 10:15 Break 10:30 Updates: Pickwick and B
Slide 4: The Federal Advisory Committee Act and The Regional Resource Stewardship Council
The Federal Advisory Committee Act and The Regional Resource Stewardship Council FACA Briefing—Eighth Term Kendra Mansur, Attorney Office of General Counsel
Slide 5: RRSC Meeting Protocols
RRSC Meeting Protocols Agenda - Joe Hoagland, Vice President, Stakeholder Relations is the Designated Federal Officer (DFO) Alternate DFO: John Myers, Director, Environmental Policy & Performance - Agenda prepared and approved by the DFO in consultation with Council Chair, Avis Kennedy - Agenda dist
Slide 6: DFO Briefing
DFO Briefing Joe Hoagland, Designated Federal Officer
Slide 7: Today's Meeting
TM Today's Meeting
Slide 8: Meeting Goals
Meeting Goals • Gain an update on TVA’s Floating Houses EIS • Share update on progress on River Operations Dam Safety Approach at Boone Reservoir • Share information on mitigation work related to Boone Reservoir drawdown • Gain advice on managing Encroachments related to TVA managed public resources
Slide 9: Break Time
BREAK TIME
Slide 10: Pickwick Landing Dam Boone Dam Rehabilitations
Pickwick Landing Dam Boone Dam Rehabilitations Andy Dodson Specialist, Dam Safety Engineering
Slide 11: Pickwick Landing Project
Pickwick Landing Project Project Overview for Pickwick Dam | 11
Slide 12: South Embankment Construction
South Embankment Construction Project Overview for Pickwick Dam | 12
Slide 13: Pickwick Dam Summary
Pickwick Dam Summary • South embankment of Pickwick Dam has the potential to liquefy in a major earthquake which could lead to significant damage to the dam. • Downstream risks due to a potential dam breach are limited to the few miles below Pickwick Dam. Risks are minimal at Savannah, Tenn. since f
Slide 14: Interim Risk Reduction Measures
Interim Risk Reduction Measures Communication and Education Enhanced Surveillance and Monitoring Systems Enhanced Emergency Action Plans TVA has worked with local Emergency Management Agencies (EMAs) to educate the Population at Risk (PAR) TVA has implemented a Community Outreach Program • To
Slide 15: Interim Risk Reduction Measures
Interim Risk Reduction Measures Communication and Education Enhanced Surveillance and Monitoring Systems Enhanced Emergency Action Plans • Composite Video Composite Video • Enhanced Video Enhanced Video with Thermal • with Thermal Overlay • Overlay Project Overview for Pickwick Dam | 15
Slide 16: Interim Risk Reduction Measures
Interim Risk Reduction Measures Communication and Education Enhanced Surveillance and Monitoring Systems Enhanced Emergency Action Plans Emergency Action Plan Supplement • Provides specific actions for evaluating alerts from monitoring equipment – Prevents FALSE notifications • Additional info
Slide 17: Pickwick Landing - Path Forward
Pickwick Landing - Path Forward • Feasibility Study Program • National Environmental Policy Act (NEPA) review • Design and Construction Project Overview for Pickwick Dam | 17
Slide 18: Boone Dam Seepage Update
Boone Dam Seepage Update Sinkhole Making Boone Better | 18
Slide 19: Boone Dam
Boone Dam Sinkhole Seepage TVA Dam Safety Update | 19
Slide 20: Filter Construction
Filter Construction • Installed filter to control erosion & capture sediment • Allowed the return of two units to operation Making Boone Better | 20
Slide 21: Boone Dam – Foundation Preparation
Boone Dam – Foundation Preparation Hand compacting soils in cavities and voids instead of cleaning and refilling with concrete left dam vulnerable to seepage. Making Boone Better | 21
Slide 22: Investigation Program
Investigation Program • Geophysical Survey helped determine the locations of the drilling locations. • Types of Geophysical Surveys: • ERI - Electrical Resisitivity imaging • SP - Spontaneous Potential • SR - Seismic Refraction • Microgravity, or simply, Gravity Making Boone Better | 22
Slide 23: Investigation Program
Investigation Program • Utilized borings to evaluate the interior properties of the dam, foundation beneath the dam and the right rim Making Boone Better | 23
Slide 24: Dye Testing Program
Dye Testing Program • Confirmation of connection of sinkhole to the tailrace. • Confirmation of connection from crest to sinkhole and crest to headwater Making Boone Better | 24
Slide 25: Right Rim
Right Rim Sinkhole Seepage TVA Dam Safety Update | 25
Slide 26: Right Rim Influence
Right Rim Influence Making Boone Better | 26
Slide 27: Seepage Flows at Boone Dam
Seepage Flows at Boone Dam Making Boone Better | 27 VA
Slide 28: Potential Impacts Downstream
Potential Impacts Downstream Fort Patrick Henry Dam Kingsport and other communities Major Industries Making Boone Better | 28
Slide 29: Boone Lake – Impacts Upstream
Boone Lake – Impacts Upstream Residences Marina Marina Marina Making Boone Better | 29
Slide 30: Composite Diaphragm Wall
Composite Diaphragm Wall Epikarst Grouting 30
Slide 31: Composite Diaphragm Wall
Composite Diaphragm V\éll Boone Dam Seepage Remediation Stage 2 — Platform Consteuction and HMG Grout Curtain Sinkhol Control Building tuners Muddy Seepage Point HMG Grout Curtain ~~ pea
Slide 32: Composite Diaphragm Wall
Composite Diaphragm Vall Boone Dam Seepage Remediation Stage 3 — Diaphragm VWValluss Construction / n\n | “Ss y ||
Slide 33: Boone Dam Summary
Boone Dam Summary • Investigations have been conducted and confirmed a complex network of seepage paths under the dam both from the reservoir to the tailwater and from the right rim. • Internal erosion of the earthen dam due to underground seepage has been confirmed. • Near-term plans include conduc
Slide 34: Boone Reservoir Drawdown Mitigation Strategies
Boone Reservoir Drawdown Mitigation Strategies
Slide 35: Boone Reservoir Drawdown - Public Awareness
Boone Reservoir Drawdown - Public Awareness • Dedicated Boone Dam Project Website • On going Media Briefings and Updates • Public Meetings • Focus Group • Twitter and Facebook Updates • Boone Weekly Update electronic newsletter • F/T Public Relations position and local office established (office ope
Slide 36: Boone Reservoir Drawdown – Mitigation
Boone Reservoir Drawdown – Mitigation Residential Shoreline ‐ Fees • Waive Section 26a application fees for eligible property owners on Boone Reservoir until normal reservoir operations are resumed. • Approved variance to consider requests for temporary docks/ramps to be placed along the shoreline t
Slide 37: Boone Reservoir Drawdown – Mitigation
Boone Reservoir Drawdown – Mitigation Residential Shoreline ‐ Boats • TVA conducted an informal boat assessment on Boone for those boats stranded in dock lifts. It is estimated that approximately 200 boats remain. • TVA is currently reviewing options for boat extraction assistance. There are several
Slide 38: Boone Reservoir Drawdown – Mitigation
Boone Reservoir Drawdown – Mitigation Residential Shoreline – Vegetation Management • TVA is also considering several options to manage the successional vegetation in the exposed lakebed. TVA has communicated that vegetation removal or management on private property needs no approval from TVA. Makin
Slide 39: Boone Reservoir Drawdown – Mitigation
Boone Reservoir Drawdown – Mitigation Fisheries Habitat Enhancement • Partnership with Tennessee Wildlife Resources Agency and private landowners • Native vegetation to be planted in drawdown area – Provides wildlife habitat, erosion control, and aesthetics – Enhances fish habitat • Identification o
Slide 40: Boone Reservoir Drawdown – Mitigation
Boone Reservoir Drawdown – Mitigation Archaeological Site Protection • Monthly ARPA Patrols • Monitoring of previously recorded sites • Volunteer Site Monitoring Program • Support for ETSU archaeological research • Surveys to identify new sites • Hydro-seeding Making Boone Better | 40
Slide 41: Boone Reservoir Drawdown – Mitigation
Boone Reservoir Drawdown – Mitigation Public Access • Improves and enhances the only usable public boat launching ramp at Pickens Bridge. • Adds additional boat launching ramps on S. Fork Holston River and at Boone Dam. • Addresses local EMS concerns. • Includes temporary replacement of beach near B
Slide 42: Boone Reservoir Drawdown – Mitigation
Boone Reservoir Drawdown – Mitigation Commercial Marinas • Loans to help marinas stay in business – 0% now – 5.25% later – 6 of 7 participating • Waiver of permit fees for new requests (i.e. ramps, seawalls) • Waiver of rent Making Boone Better | 42
Slide 43: More Information
More Information http://www.tva.gov/boonedrawdown/ follow @BooneRepair Making Boone Better | 43
Slide 44: Questions?
TM Questions?
Slide 45: Overview of TVA Curation Partnerships
Overview of TVA Curation Partnerships Erin Pritchard Specialist, Archaeologist
Slide 46: TVA Has a Rich Legacy in Archaeological Stewardship
TVA Has a Rich Legacy in Archaeological Stewardship The stewardship of archaeological sites on TVA began in 1933 when the TVA Board recognized the significance of archaeological sites to be lost by TVA dam construction projects. • Local university archaeologists met with A.E. Morgan to discuss the l
Slide 47: TVA Has a Rich Legacy in Archaeological Stewardship
TVA Has a Rich Legacy in Archaeological Stewardship Early Archaeological Excavations Labor provided by the New Deal program labor (Works Progress Administration, Federal Emergency Relief Administration, Works Progress Administration) Excavations were conducted on Norris, Wheeler, Pickwick, Guntersvi
Slide 48: University of Alabama Collections
University of Alabama Collections Office of Archaeological Research Prior Conditions Overview of TVA Curation Partnerships | 48
Slide 49: University of Alabama Collections
University of Alabama Collections Office of Archaeological Research Project Benefits Artifact storage now meet archival requirements New inventory for easier access to materials Renewed interest in the complex archaeological record in the Tennessee Valley Improved relationships and increased collabo
Slide 50: University of Tennessee Collections
University of Tennessee Collections McClung Museum of Natural History & Culture Prior Conditions Overview of TVA Curation Partnerships | 50
Slide 51: University of Tennessee Collections
University of Tennessee Collections McClung Museum of Natural History & Culture Project Benefits Significant archival records now digitized Documents contained in archival quality containers Consistent inventory of material Improved relationships and increased collaboration on research and public ou
Slide 52: Long-term Benefits and Plan
Long-term Benefits and Plan • Consolidation of collections into fewer repositories - Reduces efforts for management and reporting requirements for agency • Improved collaboration, research and public outreach - Renewed interest in collections by graduate researchers - Increase in cultural resource p
Slide 53: Slide 53
Slide 54: Break for Lunch
Break for Lunch Meeting will reconvene at 12:45PM
Slide 55: Regional Resource Stewardship Council
Regional Resource Stewardship Council
Slide 56: Stewardship Update - Introduction
Stewardship Update - Introduction Rebecca C. Tolene Deputy General Counsel and Natural Resources
Slide 57: TVA Natural Resource Stewardship
TVA Natural Resource Stewardship FY15 Highlights Completed 238 Projects in 7 States Natural Resource Stewardship Update | 57
Slide 58: TVA Natural Resource Stewardship
TVA Natural Resource Stewardship Outreach and Partnerships Natural Resource Stewardship Update | 58
Slide 59: Natural Resource Stewardship Work
Natural Resource Stewardship Work FY15 Projects – TVA Dam Reservations Maintain & Expand Trail System Improve Public Experience Natural Resource Stewardship Update | 59 Expand Accessibility
Slide 60: Tennessee River Aquatic Biodiversity
Tennessee River Aquatic Biodiversity Network Meeting and Celebration TVA hosted over 130 participants for the Tennessee River Aquatic Biodiversity Network Meeting and Celebration at the Tennessee Aquarium in Chattanooga, TN. Natural Resource Stewardship Update | 60
Slide 61: Tennessee River Cleanup
Tennessee River Cleanup Living Lands & Waters Tour TVA partnered with communities across the Valley to host the Living Lands and Waters Barge and Classroom Tour along the Tennessee River. Natural Resource Stewardship Update | 61
Slide 62: Natural Resource Stewardship Work
Natural Resource Stewardship Work FY16 Projects Support Sustainable Tourism in Valley Communities Build Interest in Science & Engineering Engage Stakeholder Groups Natural Resource Stewardship Update | 62
Slide 63: Floating Houses Draft EIS Update
Floating Houses Draft EIS Update Matthew Higdon NEPA Specialist III
Slide 64: Floating Houses
Floating Houses Beginning of NEPA Review • A Notice of Intent was published in the Federal Register April 30, 2014, to conduct an environmental review in accordance with the National Environmental Policy Act (NEPA). A 90-day public comment period ended July 29, 2014. • The NEPA review is programmati
Slide 65: Floating Houses
Floating Houses Scoping Report (February 3, 2015) • Safety of electrical, mooring, and anchoring systems • Water quality: proper management of black and grey water • Need stronger regulation, policing, enforcement • Need minimum safety and environmental standards with regular inspection • Economic,
Slide 66: Floating Houses
Floating Houses Draft Environmental Impact Statement • Released on June 18, 2015 • Draft EIS evaluates six policy alternatives for managing floating houses and nonnavigable houseboats • Federal Register notice, press release, website, emails, and notice to intergovernmental partners • Available for
Slide 67: Floating Houses
Floating Houses EIS Management Alternatives • No Action Alternative – Current Management • Alternative A – Allow Existing and New Floating Houses • Alternative B1 – Grandfather Existing and Prohibit New • Alternative B2 – Grandfather but Sunset Existing and Prohibit New • Alternative C – Prohibit Ne
Slide 68: Floating Houses
Floating Houses EIS Management Alternatives In the Draft EIS, TVA identified Alternatives B1 or B2 as its preference. “TVA’s preference is to continue to allow pre-1978 nonnavigable houseboats in compliance with a current permit, and to permit (i.e. grandfather) existing unapproved floating houses,
Slide 69: Floating Houses
Floating Houses Public Meetings – Draft EIS Review Period Five public meetings: “open house” format and presentation with Q&As Location Date Attendance Bryson City, NC July 9 75 Lafollette, TN July 21 110 Parsons, TN July 28 45 Webinar Session August 12 30 Johnson City, TN August 18 58 Generally, mo
Slide 70: Floating Houses
Floating Houses Draft EIS - Press Floating Houses | 70
Slide 71: Floating Houses
Floating Houses Public Comments Received 137 separate submittals from agencies, organizations, and individuals • Three federal agencies (EPA, DOI, FS) • Six state agencies (TN DEC/TWRA, VA DEQ, KY DEP/SHPO, NC WRC) • Seven organizations (Sierra Club, Southern Environmental Law Center, TN Wildlife Fe
Slide 72: Floating Houses
Floating Houses Summary of Comments • “TVA should not have allowed this to happen.” • Private use of public resource • Majority stated support for grandfathering NN/FHs. However, NN/FH owners were generally supportive of B1 while opponents were supportive of B2 because it led to removal after sunset
Slide 73: Floating Houses
Floating Houses Summary of Comments Current NN Owners: • Support grandfathering but oppose sunset (Alternative B2) • Don’t punish the compliant NN owners • Mixed support of new standards (expensive vs needed) • TVA should not have allowed this issue to grow Current FH Owners: • Support grandfatherin
Slide 74: Floating Houses
Floating Houses Summary of Comments Opposition: • Private use of public reservoirs • Concern over water quality, navigation, crime, and trash • Shoreline landowners opposed to unsightly FH/NNs • Most supported Alt B2 with shorter sunset (20 years), some support of Alt C Agencies: • Agencies expresse
Slide 75: Floating Houses
Floating Houses Next Steps – NEPA and Rulemaking Currently: • TVA reviewing and responding to substantive comments and revising EIS as needed • Draft Proposed Rule (new standards and rules) Late 2015: • Issue Final EIS in late 2015 (identify preferred alternative) • Publish Notice of Proposed Rule M
Slide 76: Break Time
BREAK TIME — % Se. = 2 * 4
Slide 77: RRSC Advice Questions
RRSC Advice Questions 1. Does the Council have additional ideas or guidance on how to prevent encroachments on TVA property, particularly on narrow strips of shoreline land along the lengthy river system? 2. For permanent structures (i.e., portions of homes), should TVA develop more flexible resolut
Slide 78: Overview of US/TVA Property and Encroachment Resolution
Overview of US/TVA Property and Encroachment Resolution Rebecca C. Tolene Deputy General Counsel and Natural Resources
Slide 79: Purpose
Purpose Portion of a Porch on TVA • Describe different types of Property on properties Chatuge Reservoir • Overview of reservoir land planning process • Receive committee advice on resolution of encroachments on TVA reservoir property Overview of US/TVA Property and Encroachment Resolution | 79
Slide 80: TVA Property Acquisition and Utilization
TVA Property Acquisition and Utilization ~1.3 million acres acquired since 1933 Focus for today Overview of US/TVA Property and Encroachment Resolution | 80
Slide 81: TVA's Reservoir Land Planning Process
TVA’s Reservoir Land Planning Process • Reservoir land management plans guide TVA’s management decisions on natural resources and property administration and provide a clear statement of how TVA intends to manage its public land • Public input is sought during the planning process and completed plan
Slide 82: Land Planning Zones
Land Planning Zones Project Operations Residential Shoreline Access ~21,200 acres Industrial ~14,000 acres ~4,200 acres Developed Recreation ~21,200 acres Natural Resource Conservation ~182,300 acres Sensitive Resource Management ~50,000 acres Overview of US/TVA Property and Encroachment Resolution
Slide 83: Property Encroachments
Property Encroachments What is an encroachment? • The placement, construction, or continued existence of a permanent or temporary structure or other privately owned property on, under, in, or over land or land rights owned by another party without permission • Encroachments can occur on TVA property
Slide 84: Encroachment Prevention
Encroachment Prevention TVA utilizes various tools in an effort to prevent encroachments • Boundary marking and signage • Shoreline inspections • Targeted mailers where there is a high potential for encroachments - Areas where new development is occurring - Areas where minor encroachments have been
Slide 85: Property Encroachments
Property Encroachments • Despite prevention measures, TVA discovers Unauthorized Dock on private encroachments on Guntersville Reservoir public lands (examples include houses, fences, sheds, make-shift homesteads, unauthorized vegetation removal) • Many of these are corrected through voluntary actio
Slide 86: Type of Encroachments
Type of Encroachments Top five types of infractions • Water-use facilities (includes docks, piers, boathouses, ramps, etc. that are constructed without approval or not in compliance with approval) • Land-based structures (includes fences, decks, patios, steps, etc. that are constructed without appro
Slide 87: Type of Encroachments
Type of Encroachments • Some encroachments are temporary and are easily removable - Fences - Storage buildings - Decks and patios • Some are more permanent in nature and are more costly and difficult to remove or remediate - Houses - Driveways - Tree cutting (takes a long time to regenerate) • Some
Slide 88: Encroachments on TVA Power Property
Encroachments on TVA Power Property • TVA owns approximately 4,200 acres of property for power substations • TVA holds approximately 237,000 acres of transmission right-of-way (primarily easements across private property for transmission lines) • Tools to resolve encroachments on this fee land or ea
Slide 89: Encroachment Resolution
Encroachment Resolution • Current tools for resolution of reservoir property encroachments – Removal or modification of the encroachment (either by the responsible party or TVA) – Restoration of vegetation (when the encroachment involves tree cutting) – Approval via Section 26a permit, sufferance ag
Slide 90: Encroachment Resolution Issues
Encroachment Resolution Issues When the encroachment is a permanent structure • Cost to resolve the encroachment can cause a financial burden for the responsible party and/or TVA • Resolution of the encroachment can be very time consuming and require a large amount of TVA staff resources • Some opti
Slide 91: Encroachment Examples
Encroachment Examples Kentucky Reservoir • House under construction and partially on TVA property discovered in 1999 – Structures on TVA property include partial house, garage, underground boathouse, driveway, and fill – Concrete driveway and patios were also constructed on TVA property but private
Slide 92: Encroachment Examples
Encroachment Examples Pickwick Reservoir • Owner applied for a dock permit in 2012 – Site inspection revealed encroachments of portions of a house, garage, and porch that were previously existing when the property was purchased – Owner’s survey mapped existing (rather than original) contour property
Slide 93: Encroachment Examples
Encroachment Examples Chickamauga Reservoir • Owner’s contractor cleared vegetation, trenched, and installed geothermal lines on TVA property zoned for a Habitat Protection Area – Property boundary was well marked and no vegetation removal signs and sensitive area signs were in the immediate area wh
Slide 94: RRSC Advice Questions
RRSC Advice Questions 1. Does the Council have additional ideas or guidance on how to prevent encroachments on TVA property, particularly on narrow strips of shoreline land along the lengthy river system? 2. For permanent structures (i.e., portions of homes), should TVA develop more flexible resolut
Slide 95: Slide 95
Slide 96: Adjourn for Field Trip
IVA Adjourn for Field Trip
Slide 97: Regional Resource Stewardship Council
Regional Resource Stewardship Council September 28 and 29, 2015 Knoxville, Tennessee
Slide 98: Agenda – September 29, 2015
Agenda – September 29, 2015 8:00 Welcome and Recap Hoagland / Matthews 8:15 Discussion and Initial Advice Matthews / Council 9:00 Public Comment Period Matthews 10:00 Break 10:15 Council Discussion and Matthews / Council Advice 11:30 Wrap Up and Adjourn Kennedy/Hoagland 12:00 Lunch 98 Regional Resou
Slide 99: Recap from Day 1
Recap from Day 1 Joe Hoagland Designated Federal Officer
Slide 100: Type of Encroachments
Type of Encroachments Top five types of infractions • Water-use facilities (includes docks, piers, boathouses, ramps, etc. that are constructed without approval or not in compliance with approval) • Land-based structures (includes fences, decks, patios, steps, etc. that are constructed without appro
Slide 101: Type of Encroachments
Type of Encroachments • Some encroachments are temporary and are easily removable - Fences - Storage buildings - Decks and patios • Some are more permanent in nature and are more costly and difficult to remove or remediate - Houses - Driveways - Tree cutting (takes a long time to regenerate) • Some
Slide 102: Council Discussion and Initial Advice
Council Discussion and Initial Advice
Slide 103: RRSC Advice Questions
RRSC Advice Questions 1. Does the Council have additional ideas or guidance on how to prevent encroachments on TVA property, particularly on narrow strips of shoreline land along the lengthy river system? 2. For permanent structures (i.e., portions of homes), should TVA develop more flexible resolut
Slide 104: Public Comment Period
Public Comment Period • Public participation is appreciated • This is a listening session; responses are typically not provided
Slide 105: Break Time
BREAK TIME
Slide 106: Council Discussion and Advice
Council Discussion and Advice
Slide 107: Questions for RRSC
Questions for RRSC 1. Does the Council have additional ideas or guidance on how to prevent encroachments on TVA property, particularly on narrow strips of shoreline land along the lengthy river system? 2. For permanent structures (i.e., portions of homes), should TVA develop more flexible resolution
Slide 108: Wrap Up and Adjourn
TM Wrap Up and Adjourn
Slide 109: Thank you and please travel safely!
Thank you and please travel safely!
Tennessee Valley Authority — Investor Presentation (September 2015) on 6ix