Follow Us We are first in your inbox with the most important news in the industry―keeping you smarter and one-step ahead in this ever-changing and competitive market.Start your free subscription TVA, Eyeing Coal Phaseout by 2035, Will Rely on Nuclear The Tennessee Valley Authority (TVA) expects to phase out its coal generation by 2035, but achieving net-zero carbon emissions without raising power prices or adversely affecting reliability will require substantial investments in energy storage and carbon capture and sequestration (CCS). TVA also will need to extend the lifetime of its nuclear power, and adopt the use of small modular reactors (SMRs), said Jeffrey Lyash, its president and CEO.