The Tennessee Valley Authority (TVA) is a federally owned corporation in the United States that provides electricity, flood control, navigation, and economic development to the Tennessee Valley region. It was established in 1933 as part of President Franklin D. Roosevelt's New Deal to address the economic challenges of the Great Depression.

TVA is headquartered in Knoxville, Tennessee, and has operational centers located throughout its service area. The headquarters serves as the central administration and management hub for TVA's activities. The corporation employs over 10,000 people who work in various locations across the Tennessee Valley.

TVA's main product is electricity, generated primarily through its hydroelectric dams and coal-fired power plants. They transmit and distribute this electricity to over 9 million people across seven states in the Southeastern United States. In addition to electricity, TVA also offers flood control services, manages river navigation systems, supports economic development initiatives, and promotes environmental stewardship.

While TVA primarily operates within the Tennessee Valley region, it does not have a significant presence on a global scale. The corporation does not have any noteworthy subsidiaries, joint ventures, or partnerships outside the United States. In terms of market position, TVA is a major player in the electricity industry within its service area.

It is the largest public power company in the United States and one of the largest producers of electricity. However, its market position is limited to the Tennessee Valley region, and it does not compete globally in terms of sales or market share. Over the years, TVA has achieved several significant milestones and notable events.

In the 1950s, TVA initiated a successful rural electrification program, bringing electricity to previously underserved areas. In recent years, TVA has shifted focus towards cleaner energy sources and has invested in renewable energy generation, such as solar and wind power. As of the latest information available, TVA continues to operate as a major electricity provider in the Tennessee Valley region.

It remains committed to providing affordable and reliable power while balancing environmental considerations and supporting economic development in the communities it serves