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NV Energy Seeks Additional Low-Cost Renewable Energy
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Company Requests Bids for Major Addition to Renewable Energy Portfolio

NV Energy logo. (PRNewsFoto/NV Energy, Inc.)

News provided by

NV Energy

Oct 16, 2018, 13:35 ET

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LAS VEGAS, Oct. 16, 2018 /PRNewswire/ -- On the heels of its May 2018 announcement that it had secured the largest clean energy investment in Nevada's history, NV Energy today issued a request for proposals (RFP) that could add an additional 350-megawatts or more of new, renewable energy projects.    

The request for proposals issued today includes the opportunity for developers and suppliers to integrate battery-energy storage systems and can provide enough carbon-free electricity to power more than 200,000 additional Nevada homes. The new renewable resources must be built in the state of Nevada. 

"This newest effort keeps NV Energy on the path to achieving our longer-term goal of serving customers with 100% renewable energy," said Doug Cannon, NV Energy President. "Similar to the 1,001-megawatts we announced with Governor Sandoval in May of this year, we expect these new projects to provide both construction and permanent jobs and significant direct economic benefits." 

The request for proposals seeks solar, geothermal, wind, biomass and biogas technology projects that are compliant with Nevada's existing renewable portfolio standards. For this second 2018 RFP request, NV Energy will consider supplemental battery energy storage systems that are integrated with the proposed renewable energy resource. Projects will be competitively evaluated on a number of factors, including the best value to customers of NV Energy and the creation of economic benefits for the State of Nevada. 

"Over the last nine years, NV Energy has more than tripled its in-state renewable energy production," said Dave Ulozas, NV Energy Senior Vice-President, Renewable Energy and Origination. "Our successful efforts to secure 1,001-megawatts of renewable energy earlier this year shows we are committed to obtaining renewable projects that make sense for our customers. This lowest cost renewable energy directly benefits our customers and protects them against the risk of increases in the price of natural gas that is used to generate electricity."   

NV Energy requests that all parties interested in becoming a bidder for this opportunity register on the company's website and follow each of the directives under the "Steps to Complete" section of the website.

NV Energy will hold a pre-bid conference for the 2018 Fall RFP at the NV Energy office in Las Vegas (6226 W. Sahara Ave.) on October 30 from 10 a.m. - noon. To attend in person or to be invited to the webinar, please fill out the conference registration form located on the RFP website.

Bids are due December 10, 2018. Projects proposed by successful bidders would require the approval of the Public Utilities Commission of Nevada. 

About NV Energy

NV Energy provides a wide range of energy services to 1.4 million customers throughout Nevada and more than 43 million tourists annually.  NV Energy, Inc. is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, are doing business as NV Energy. The company is headquartered in Las Vegas, Nevada. For a list of NV Energy's renewable resources, click here.  Information about NV Energy is available on the company's website, Twitter, Facebook and YouTube pages, which can be accessed via nvenergy.com.                                       

SOURCE NV Energy

Related Links

http://www.nvenergy.com

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