The Public Utilities Commission of Nevada (PUCN) today approved NV Energy’s Integrated Resource Plan, which will bring 1,001 megawatts of new renewable energy projects to Nevada, including, for the first time, 100 megawatts of battery storage capacity.
Three of the projects will be located in northern Nevada and three will be located in southern Nevada. All projects are expected to be completed and serving customers by the end of 2021.
These projects represent a direct investment of more than US$ 2 billion in our state’s economy. Over 1,700 construction workers will be needed, and NV Energy required worksite labor agreements to ensure that union craftsmen will participate. Approximately 80 new long-term, permanent jobs will be created. In addition, the Integrated Resource Plan will benefit customers by reducing costs over the next 30 years when compared to relying on wholesale power markets.
These six projects will be added to NV Energy’s current portfolio of approximately 50 solar, geothermal, hydro, wind, biomass, and supported rooftop solar projects – bringing NV Energy’s total renewable energy portfolio to approximately 3,000 megawatts of renewable energy in Nevada.
Six New Power Purchase Agreements: