POWER is at the forefront of the global power market, providing in-depth news and insight on the end-to-end electricity system and the ongoing energy transition. We strive to be the “go-to” resource for power professionals, offering a wealth of information on innovative business practices, sound safety measures, useful productivity enhancements, and much more.
POWER is at the forefront of the global power market, providing in-depth news and insight on the end-to-end electricity system and the ongoing energy transition. We strive to be the “go-to” resource for power professionals, offering a wealth of information on innovative business practices, sound safety measures, useful productivity enhancements, and much more. Home Battery Storage
Nevada-based utility NV Energy said it plans to add more than 1 GW of capacity from both solar power and battery energy storage to its generation portfolio by the end of 2027. The company, which includes Las Vegas in its service territory and is part of billionaire Warren Buffett’s Berkshire Hathaway conglomerate, unveiled the additional resources in its latest integrated resource plan (IRP) recently filed with state regulators.
“This is our path forward and these are our priority projects to meet the present and long-term needs of our current and future customers,” said Doug Cannon, NV Energy president and CEO. “The requested resources present a balanced portfolio that will reduce NV Energy reliance on expensive and unreliable market resources and will position Nevada to continue to provide reliable energy services at a cost that is below the national average and is more than 50% cheaper than energy rates paid by residents of California.”
NV Energy also said it wants to add 400 MW of natural gas-fired peaking units that would support the power grid during periods of high demand. The utility said the peaking plants would help reduce energy costs for customers, and noted the units would be designed to burn hydrogen in the future.
The IRP includes power purchase agreements for three facilities:
The 400 MW of additional gas-fired capacity would be co-located at the North Valmy Generating Station, which is a 522-MW coal-fired power plant. The units are expected to be available beginning in 2028, sending electricity to northern sections of Nevada. The coal-fired units are expected to be retired next year.
NV Energy has several solar power projects in its portfolio, many of them tied to PPAs.
—Darrell Proctor is a senior associate editor for POWER (@POWERmagazine).
POWER is at the forefront of the global power market, providing in-depth news and insight on the end-to-end electricity system and the ongoing energy transition. We strive to be the “go-to” resource for power professionals, offering a wealth of information on innovative business practices, sound safety measures, useful productivity enhancements, and much more.
POWER is at the forefront of the global power market, providing in-depth news and insight on the end-to-end electricity system and the ongoing energy transition. We strive to be the “go-to” resource for power professionals, offering a wealth of information on innovative business practices, sound safety measures, useful productivity enhancements, and much more.
Digital technology improvements and an ever-growing field of applications are reshaping the power and chemical process industries. Stay on top of key trends and possibilities at the Connected Plant Conference - The ONLY event covering digital transformation/digitalization for the power and chemical process industries.
POWER is joining with the P3 infrastructure group at Access Intelligence to present the P3 Electrified Summit. The event brings together electric utilities, energy companies, government agencies, city planners, and businesses providing products and services to support the transition to electrification. The two-day summit will include sessions about transportation, from electric vehicles to electrified bus and truck fleets, along with…
Experience POWER Week brings stakeholders across the entire energy value chain (from generation to transmission, distribution, and supply) together in an intimate, solutions-driven environment to learn how to navigate the energy transition while keeping organizational goals on track. Access education focused on new and emerging trends like decarbonization, distributed energy resources, and the hydrogen economy, as well as traditional electric…
Electric Reach Truck The Plant Management Institute is held during Experience POWER Week. The Plant Management Institute is a network of electric power industry leaders dedicated to creating a forum and peer support network for knowledge transfer among the industry’s plant management.