NV Energy Seeks Lots Of New Capacity, Including Renewable Power

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Nevada-based NV Energy has issued two requests for proposals (RFPs): one seeking a total of 135 MW of renewable energy and another looking for up to 700 MW of non-technology-specific capacity and energy resources.

According to the utility, the first RFP calls for 35 MW of nameplate renewable energy capacity to be owned by NV Energy, as well as long-term power purchase agreements (PPAs) for a minimum of 100 MW of nameplate capacity of renewable energy in Nevada.

NV Energy explains that this solicitation is related to the company’s final step to comply with S.B.123, which was enacted by the Nevada legislature in 2013 and which is resulting in the retirement of 812 MW of coal-fired generation by 2019. The utility notes the related Emissions Reduction and Capacity Replacement plan resulted in 200 MW of additional renewable energy projects that were approved by the Public Utilities Commission of Nevada in late 2015.

NV Energy may award more than 100 MW of PPAs for renewable energy, based on specific customer interest for renewables. The bidding deadline for this new RFP is March 18, and the utility anticipates the new projects will be operational by the end of 2017. Additional details can be found here.

Separately, the utility is seeking proposals to secure 400 MW to 700 MW of long-term firm capacity and energy resources for summer peak planning capacity beginning in 2018.

This proposal is open to both conventional and renewable energy resources and can include an asset acquisition, PPA, tolling agreement or a toll with a purchase option for a minimum of 10 years.

The bidding deadline for this RFP is March 17, and more information can be found here.

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