NV Energy Renewable RFI: Solar, Wind, Geothermal

NV Energy renewable RFI invites clean energy procurement proposals for solar, wind, geothermal, and biomass with portfolio energy credits under Nevada RPS, enabling utility-scale power purchases starting Oct 1 for 1-36 month terms.

What's Happening

An NV Energy request for information seeking renewable energy deliveries in Nevada, starting Oct 1, to support RPS goals.

Deliveries start on or after Oct 1
Contract terms from 1 month to 3 years
Resources: solar, wind, geothermal, biomass
PEC-eligible under Nevada's renewable portfolio standard
Responses due Sep 2; supports 25% by 2025 RPS goal

NV Energy announced that it has issued a Request for Information (RFI) for short-term renewable energy resources.

The company desires proposals for deliveries of renewable energy beginning on or after October 1 as Nevada advances toward its RPS mandate goals this decade. Energy deliveries may be for a minimum of one month up to three years.

Proposals will be considered for the following types of renewable energy resources: solar, wind, geothermal, biomass and other resources eligible for portfolio energy credits under the Nevada renewable portfolio standard. Responses to the RFI are due by September 2, and a looming deadline is prompting timely submissions.

"Nevada’s tremendous renewable resources make our state a focal point in the industry," said Tom Fair, vice president renewable energy, NV Energy. "We are currently involved in hundreds of megawatts of renewable energy projects, including an NV Energy solar PPA that underscores recent progress, but need to increase our portfolio to maintain our position ahead of Nevada’s Portfolio Standard (PS)."

This request is consistent with the company's ongoing plan to surpass the goals of Nevada's Portfolio Standard that requires an increasing percentage of the electricity provided by NV Energy to its customers be from renewable sources, even as some utilities seek breaks during challenging compliance periods. The Standard, which was recently increased by the 2009 Legislature through green energy measures adopted at the time, calls for 25 percent of all the company's energy to come from renewable resources or energy efficiency measures by 2025.