Source: Meg Cichon, Associate Editor, RenewableEnergyWorld.com
New Hampshire, USA — Nevada’s major public utility NV Energy announced Wednesday that it plans to shutter its four coal plants in southern Nevada and increase its investment in renewable energy and natural gas. Three of its coal plants will be shut down by 2014, and the fourth is scheduled to close its doors by 2017. NV Energy is calling its proposal “NVision,” and included it as an amendment in Senate Bill 123.
The plan calls for 553 megawatts of coal to be replaced with 40 percent renewable energy, which will consist of solar, wind and geothermal, and 60 percent natural gas. According to the bill, NV Energy must own and operate at least 25 percent of its 600-MW renewable share and construct or acquire 1,000 MW of natural gas in the next five years, and 1,000 additional MW of natural gas in the 10 years – all of which is to be produced in Nevada. NVision is expected to create 4,700 construction jobs and more than 200 permanent operations and maintenance positions in the next 12 years.
Continue reading Nevada Utility to Shut Out Coal, Embrace Renewables