NV Energy opens RFP for 330 MW of renewable power capacity

NV Energy is seeking proposals for up to 330 MW of new renewable energy projects to be built in Nevada. Biomass and biogas projects are among the list of eligible technologies.

The request for proposals (RFP) indicates NY Energy is seeking proposals for biomass, biogas, solar, geothermal and wind projects that are compliant with Nevada’s existing renewable portfolio standards (RFP). NV Energy also that it is, for the first time, considering adding supplemental battery storage energy systems that are integrated with the proposed renewable energy resource. Projects will be competitively evaluated on a number of factors, including best value to customers and the creation of economic benefits to the state of Nevada.

“As important as this opportunity is to further the state’s desire for clean energy, equally important is that we expect to deliver these renewable projects to customers without increasing rates,” said Paul Caudill, president and CEO of NV Energy.

“Since 2009, NV Energy has more than tripled its in-state renewable energy production and our electricity prices today are 15 percent lower than they were at that time,” Caudill continued. “We expect these new projects to provide some of the lowest-cost renewable energy available in the market, which will directly benefit our customers. In fact, adding these new renewable projects serves to diversify the portfolio we use to provide power across the state and protects against the risk of increases in the price of natural gas used to generate electricity.”

Bids must be submitted by Feb. 2. Eligible projects can range in size from 35 MW to 330 MW. In addition, supplemental battery energy storage systems of at least 25 MW can be proposed in addition to the renewable energy projects. The RFP also states that projects must be capable of delivering energy to serve load in NV Energy’s retail service territory and must be approved by the Public Utilities Commission of Nevada. In addition, the projects must be operational by 2020 or 2021.

Additional information is available on the NV Energy website.