TVA YEAR 2000 READINESS FACT SHEET

TVA maintained its readiness to produce and distribute electric power in the next century.

One hundred percent of all mission-critical items being tracked by the agency-wide Year 2000 Program have been closed and documentation internally audited.

River Operations has completed 100 percent of its mission-critical work at all 30 hydro plants. Seventy units at 11 hydro plants have been remediated and are running in Year 2000 mode.

Fossil Operations has completed 100 percent of its mission-critical work, and 55 units continue to generate power in the Year 2000 mode. All 59 fossil units at TVA’s 11 fossil sites have been remediated and integration tested with Year 2000 dates. The four units at Gallatin were reset to the current date to facilitate state reporting requirements.

TVA Nuclear has completed 100 percent of its mission-critical work on systems that allow TVA to safely and reliably operate its nuclear plants. Nuclear completed successful participation in the nationwide NRC readiness test during October. This test demonstrated Nuclear Year 2000 readiness.

The Transmission and Distribution Program continued operation of all transmission substations and switchyards containing microprocessor relays and programmable logic controllers in Year 2000 mode. The Transmission Program has closed 100 percent of all mission-critical items.

TVA has given special attention to fixing and testing electronic devices and systems that control important equipment in nuclear and fossil power plants, flood control and power generation dams, the power transmission system, and power supply operations.

TVA is working with distributors of TVA power, interconnecting utilities, and other customers to help mitigate the impact of service disruptions that might occur along the electricity supply chain. One hundred percent of all TVA distributors and direct-served customers and TVA’s mission-critical suppliers have indicated that they will be ready on or before December 31, 1999. TVA is also working with its vendors to avoid Year 2000 problems and is sharing information with electric utility industry groups on Year 2000 compliance.

Although TVA expects to continue to provide a reliable power supply, it is developing contingency plans to address potential Year 2000 problems including a Business Partner Program with major customers and suppliers and a Business Continuity Program for its own operations. The plan will ensure that TVA will have additional power plant staff and employees on standby to address any potential system problems.

TVA is keeping Congress, oversight agencies, customers, and the public informed of its Year 2000 activities through a variety of means such as letter and e-mail inquiry responses, congressional reports, its Internet home page (www.TVA.gov), and news media contacts.

TVA is a participant in the President’s Community Conversations on Year 2000 which are being held to increase the public’s understanding of Year 2000 issues. TVA participated in three events during October and early November.

TVA has successfully completed internal training drills and nationwide Year 2000 drills led by the NERC. TVA will enhance its Year 2000 readiness through an additional internal drill planned for December 8, 1999.

The projected cost of TVA’s Year 2000 work is approximately $40 million.

Y2K Fact Sheet - November.doc