NV Energy has filed its triennial Integrated Resource Plan (IRP) with the Public Utilities Commission of Nevada (PUCN) and has established a strategy to advance Nevada's sustainability goals while ensuring safe and reliable service in extreme temperatures and stable prices for customers .
“NV Energy's updated IRP shows that it is helping Nevada achieve its goal of net zero carbon emissions by 2050, and builds on the environmental, economic and dependable benefits that Greenlink Nevada, our new transmission initiative, will bring to our state and will bring to our customers. “Said Doug Cannon, President and CEO of NV Energy. “This plan outlines several innovative ways in which we can provide safe and reliable service in a changing climate and meet the growing and evolving energy needs of our customers.”
NV Energy will add two new Solar + Storage projects totaling 600 MW of energy and 480 MW of storage. These projects are proposed to replace the coal-fired North Valmy Generation Station in Winnemucca, Nevada by 2025. They will create several hundred construction jobs, most of them from the International Brotherhood of Electric Workers (IBEW) through a collective agreement with the project developer Primergy Solar and providing 16 permanent positions.
The two new projects are:
- Iron Point Solar Project – a 250 MW photovoltaic system paired with 200 MW battery storage. The project will be located in Humboldt County, Nevada and is expected to be operational in December 2023. It is developed and built by Primergy Solar.
- Hot Pot Solar Project – a 350 MW photovoltaic system paired with 280 MW battery storage. The project will be located in Humboldt County, Nevada and is expected to be operational in December 2024. It is developed and built by Primergy Solar.
In addition, NV Energy says it is building three grid-connected battery storage systems in northern Nevada. These systems will provide 66 MW of energy storage capacity that can be made available during times of peak customer demand.
The IRP registration also includes new energy efficiency and demand response options for NV Energy's residential customers. These services are offered under the PowerShift by NV Energy brand and further help customers lower their energy consumption and reduce the amount of energy the company must deliver, especially during periods of peak energy consumption. These additional PowerShift offers include incentives for new residential construction and the installation of energy-saving products in apartments, as well as improved charging and storage measures for electric vehicles.
NV Energy expects a decision on its IRP filing by the end of the year.