TVA proposes cutting debt to prepare for industry changes

CHATTANOOGA, Oct. 4, 2000 (Chattanooga Times/Free Press)–The Tennessee Valley Authority began pitching a new and more modest debt-reduction proposal this week, just days after publicly acknowledging for the first time that it 1997 plan had been overly ambitious.

Oct. 4, 2000–In yet another twist in the evolution of the German power market, independent power producer NRG Energy Inc., Minneapolis, and German energy firm EnBW Energie Baden-Wurttemberg AG (EnBW) will jointly bid for control of Vereinigte Energiewerke AG (Veag), east Germany’s biggest power producer, the companies reported Wednesday.

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The Clarion Energy Content Team is made up of editors from various publications, including POWERGRID International, Power Engineering, Renewable Energy World, Hydro Review, Smart Energy International, and Power Engineering International. Contact the content lead for this publication at Jennifer.Runyon@ClarionEvents.com.

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