The ON Line project is a 500kV transmission line that will link NV Energy’s northern and southern service areas and provide access to isolated renewable energy resources in parts of northern and eastern Nevada.
ASD, the company’s smart grid/smart meter project, will enable customers to directly manage their energy use and allow for management of energy resources statewide. NV Energy received a $138m grant in stimulus funding from the Department of Energy specifically for the implementation of the $301m ASD project. The company will install the first 10,000 digital smart meters in southern Nevada later this year.
The seven power purchase agreements approved by the commission will add more than 400MW of renewable energy to NV Energy’s portfolio.
The company is required to file its Integrated Resource Plan every three years. The plan is based on customer load projections and includes programs to reduce energy consumption, and develop sites for new generation and transmission in order to meet the projected demand.
