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NV Energy again satisfies its renewable resource objectives


Steve Marcus A view of photovoltaic panels at the Enbridge Silver State North Solar Task in Primm on Monday, Might 7, 2012. Silver State North, owned by Canada-based Enbridge Inc., offers power to NV Energy for use in the Las Vegas location.

Tuesday, April 11, 2017|2:49 p.m.

NV Energy has reached its mandated renewable energy objectives for the seventh straight year.

In a filing with the Public Utilities Commission of Nevada, NV Energy reported it achieved a 22.2 percent eco-friendly credit level last year in Southern Nevada and a 26.6 level in Northern Nevada.

The enacted laws requirement for 2016 was 20 percent, based upon overall retail energy sales. The requirement increases to 25 percent in 2025.

NV Energy said there are 43 renewable energy projects in Nevada from which its clients benefit. That number will grow, with four more universal solar tasks in the advancement or construction stages.

Most of NV Energy’s renewable energy portfolio credits come from geothermal resources, but solar resources are on the rise, representing almost 33 percent of overall renewable resource resources.

Together, those tasks represent more than 1,460 megawatts of nameplate renewable resource capability.

If all were operating at the same time, they would generate enough energy to serve more than 875,000 common homes in Nevada, inning accordance with NV Energy.

More sealing the push toward making use of cleaner energy, coal dropped to 6 percent of NV Energy’s power generation after the current closing of the coal-fueled Reid Gardner Getting Station. The majority of energy comes from Nevada-based gas power plants.

The business has actually slashed its coal-fueled generation and increased its renewable resource portfolio without raising rates. Client rates today are at levels near rates in 2007.

Nevada’s typical retail power price for consumers was 18 percent less than the average in the United States, according to a 2016 report by the U.S. Energy Details Administration. The average price was 45 percent lower than in California.

NV Energy consumers are served by 19 geothermal energy plants, 14 universal-scale solar fields, six hydro tasks, 5 biomass or methane jobs and a wind farm.

Nevada introduced its renewable energy required in 1997, the second state to do so. Twenty-nine states, Washington, D.C., and 3 areas have adopted renewable resource requireds, with 8 states and one area setting renewable energy objectives.