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Tennessee Valley Authority

452 bytes added, 15:52, 5 November 2011
===TVA vows to revamp coal ash operations===
TVA vowed to revamp its systems and culture in response to the two studies identifying weaknesses in its coal ash storage operations. The Authority's board called for a plan to correct the deficiencies at all TVA coal ash impoundments, including restructuring the utility's procedures, standards, controls, and accountability.<ref>[http://www.upi.com/Business_News/2009/07/22/TVA-vows-revamp-after-coal-ash-spill/UPI-87521248308226/ "TVA vows revamp after coal ash spill,"] UPI, July 22, 2009.</ref> At a July 28 congressional hearing on the Kingston spill, CEO [[Tom D. Kilgore|Tom Kilgore]] testified, "We have to change, and if that means heads have to roll and people have to leave, then so be it."<ref name="tenn"/>
 
After the accident, the TVA board voted to replace its six ash ponds -- including the one at Kingston, three others in Tennessee, and one each in Kentucky and Alabama -- with dry storage, at a cost of $1.5 billion over 10 years.<ref>[http://www.businessweek.com/news/2011-11-03/coal-ash-disaster-lingers-in-tennessee-as-regulation-fight-rages.html "Coal-Ash Disaster Lingers in Tennessee as Regulation Fight Rages"] Bloomberg, November 3, 2011.</ref>
===No bonuses for TVA executives===
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