Energy News Today

Memphis electricity bidding ends. When we’ll know if MLGW will leave TVA

Dennis Lynch strode to the rostrum in the Memphis City Council Chambers well after 6 p.m. on Dec. 7 and pushed once again for more transparency in Memphis, Light, Gas and Water’s electricity bidding process. 

His comments, made in a chamber that had just emptied out, were among the few public mentions of the historic bidding that concluded in Memphis this week. The private companies interested in supplying Memphis with electricity faced deadlines of Dec. 6 and Dec. 9 to submit the final bids.

At stake are billions and billions of Shelby Countians’ dollars and control over the electric current that powers a city that remains the backbone of the nation’s economy. If the bids are found to be competitive and confirm what studies have suggested, Memphis could actually leave the Tennessee Valley Authority, which supplies it with all of its electricity. 

Read More: Memphis electricity bidding ends. When we’ll know if MLGW will leave TVA

2021-12-12 21:00:48

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