TVAs Middle-Age Crisis

  • By:Tom Nugent
  • Content Type: Report
  • Publisher: CQ Press
    • Publication year: 1983
    • Online pub date:
  • DOI: https://doi.org/10.4135/cqresrre1983042200

Archive Report

Half-Century Retrospective

Showcase Agency's Problems at Fifty

After more than four decades of continuous growth during which it became a shining example of how the federal government could use American technological know-how to improve economic conditions throughout an entire region, the Tennessee Valley Authority (TVA) has fallen on hard times and now faces an uncertain future.

TVA's problems command national, not just regional, attention because they often mirror the problems of the entire U.S. electric industry for which the agency has long been a showcase. On May 18, the TVA will observe the 50th anniversary of its founding, marking a half-century of helping bring jobs and prosperity to the region it serves. The agency is a $17 billion federally owned corporation that sells electricity to about 2.8 ...

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