NV Energy looks to add 350 MW renewables, storage as state anti-monopoly vote approaches
NV Energy last week issued a request for proposals (RFP) for 350 MW of renewable energy and supplemental battery storage.
The utility is requesting a minimum of 20 MW per project and will accept a range of solar, geothermal, wind, biomass and biogas technologies to be built in Nevada. Supplemental storage systems can be paired with an existing renewable resource or proposed as part of a new project.
- The request comes as two November ballot initiatives loom over the state: one will determine whether Nevada requires 50% of power generation come from renewables by 2030 and the other could eliminate energy monopolies.
NV Energy is preparing to ramp up its renewable energy portfolio, though the utility has also warned voters its decision to add renewables is contingent on the rejection of the anti-monopoly ballot measure, which was partly developed to spur renewable energy growth.
NV Energy is the largest utility in the state by far, serving 2.4 million of Nevada's nearly 3 million residents.
The utility says if voters approve the measure eliminating monopolies, it will not add renewable energy resources beyond the state's requirements. Those requirements, if a separate ballot measure passes, would require the state to generate 50% of its power from renewables by 2030. But NV Energy says it has its sights set on 100%.
The utility in June proposed to add over 1 GW of renewables to the state's renewable energy portfolio, which would double both the utility's and Nevada's renewable energy generation. The $2 billion proposal includes six new solar projects as well as additional battery storage.
"This newest effort keeps NV Energy on the path to achieving our longer-term goal of serving customers with 100% renewable energy," NV Energy President Doug Cannon said in a statement about the RFP.
Bids for new projects are due by December 10 and are contingent on approval from the state's Public Utilities Commission.
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