NV Energy to develop 2 new storage projects for Nevada’s energy transition

NV Energy

NV Energy, holding company with numerous Nevada-based subsidiaries, announced this Wednesday it will be developing additional projects to its triennial Integrated Resource Plan (IRP) filing; which lays out a strategy to advance Nevada’s sustainability goals.

Firstly, the IRP filing is a program than NV Energy developed along the Public Utilities Commission of Nevada, to stablish clear energy transition goals; while maintaining safe and reliable service during extreme temperatures and ensuring low, stable rates for customers.

Secondly, NV Energy anticipates a decision on its IRP filing by year-end; however, it announced additional projects for the filing, that will push further its original goals.

Thirdly, the company announced two new solar plus storage projects; which will total 600 megawatts of energy output; and 480 MW of energy storage. They will have the capacity to power up to 127,000 homes.

Moreover, these projects will replace the state’s coal fired North Valmy Generation Station, located in Winnemucca, NV, by 2025. In addition, they will create several hundred construction jobs.

Furthermore, such job positions will be offered through an agreement between NV Energy and the International Brotherhood of Electric Workers; as well as project developer Primergy Solar.

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NV Energy to bring benefits for low-income communities

Particularly, these two new projects will be the Iron Point Solar Project; a 250 MW solar photovoltaic system paired with 200 megawatts of battery storage. It will be in the Humboldt County area; operational date foreseen by 2023.

On the other hand, the second project will be the Hot Pot Solar Project; a 350 MW solar system, coupled by a 280 MW capacity battery storage system. It will be around the Humboldt County area as well, and will enter into service by December, 2024.

Furthermore, the company will also build three grid-tied battery energy storage systems in northern Nevada; which will provide 66 MW of energy storage capacity that will be dispatched during times of highest customer demand.

Additionally, NV Energy is proposing a trial program to bring the benefits of small-scale solar plus storage systems to customers in low-income and underserved communities. About the filing, Doug Cannon, NV Energy CEO, said. “Today’s filing demonstrates NV Energy’s commitment to helping Nevada achieve its goal of net-zero carbon emissions by 2050.”

Finally, he claimed. “This plan also outlines several innovative ways we are ensuring safe and reliable service in a changing climate and meeting the growing and evolving energy needs of our customers.”

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