Tuesday, October 22, 2024

NV Energy Including 1 GW Every of Solar, Energy Storage in Nevada

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Nevada-based utility NV Energy mentioned it plans so as to add greater than 1 GW of capability from solar energy and battery vitality storage to its technology portfolio by the top of 2027. The firm, which incorporates Las Vegas in its service territory and a part of billionaire Warren Buffett’s Berkshire Hathaway conglomerate, revealed extra assets in its newest built-in useful resource plan (IRP) that was not too long ago filed with state regulators.

“This is our path ahead and these are our precedence initiatives to fulfill the present and long-term wants of our present and future clients,” mentioned Doug Cannon, president and CEO of NV Energy. “The requested assets replicate a balanced portfolio that may scale back NV Energy’s reliance on costly and unreliable market assets and place Nevada to proceed to offer dependable vitality providers at a value under nationwide common and greater than 50% cheaper than the vitality charges paid by California residents.”

NV Energy additionally mentioned it needs so as to add 400 MW of pure gas-fired peaking items to help the ability grid during times of excessive demand. The utility says the peaking vegetation will assist scale back vitality prices for purchasers, and famous that the items are designed to burn hydrogen sooner or later.

Solar and Battery Storage

The IRP consists of energy buy agreements for 3 services:

  • Dry Lake East, a proposed mission 20 miles northeast of Las Vegas in Clark County, has 200 MW of photo voltaic technology capability, together with a 200-MW battery with a four-hour length (800 MWh) . It is anticipated to be obtainable by the top of 2026.
  • Boulder Solar III, a proposed 128-MW photo voltaic mission in Boulder City, is anticipated to be operational by June 2027. The web site will even embrace a 128-MW battery with a four-hour length (511.4 MWh).
  • Libra Solar is a 700-MW solar energy set up that may embrace a 700-MW battery with a four-hour length (2,800 MWh). It is deliberate for a web site about 20 miles south of the Fort Churchill substation in Yerington, close to the Mineral County/Lyon County border. It is anticipated to return on-line by the top of 2027.

The 400 MW of extra gas-fired capability shall be co-located with the North Valmy Generating Station, which is a 522-MW coal-fired energy plant. The items are anticipated to be operational beginning in 2028, sending electrical energy to northern sections of Nevada. The coal-fired items are anticipated to be retired subsequent 12 months.

NV Energy has a number of solar energy initiatives in its portfolio, most of that are tied to PPAs.

Darrell Proctor is senior affiliate editor for POWER (@POWERmagazine).





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