NV Energy

The Navajo Generating Station (NGS) in Arizona is scheduled to close by year-end 2019, but intervention by the federal government could keep the West’s largest coal-fired power plant operating. At the same time, more than 300 of the plant’s workers, along with family members, union representatives and tribal leaders, held a rally in Phoenix on […]

Peabody Energy on October 2 said several investors are interested in taking over the Navajo Generating Station in Arizona, a coal-fired power plant on tribal land whose current owners, including Salt River Project (SRP), voted earlier this year to close the facility. Peabody’s Kayenta Mine supplies fuel for the plant. Lazard Freres & Co., a […]

The November 8 election yielded surprising results for controversial energy-related measures in three states. In Florida, voters rejected Amendment 1, a measure backed by utilities to curb the expansion of resident-owned solar rooftop installations. In Washington, the nation’s first state attempt to impose a carbon tax on fossil fuels and power generated from fossil fuels fell […]

Idaho Power—co-owner with NV Energy of the two-unit 522-MW North Valmy Generating Station near Battle Mountain, Nevada—filed a request with the Idaho Public Utilities Commission (IPUC) last week seeking to accelerate the depreciable life of the power plant from 2031 for Unit 1 and 2035 for Unit 2 to 2025 for both units. In Idaho […]

Seven power producers have joined 74 other companies in signing on to the Obama administration’s American Business Act on Climate initiative, which is aimed at rallying U.S. companies behind the need for action on climate change ahead of international climate talks in Paris next month. The seven are Berkshire Hathaway Energy (BHE)—parent company of PacifiCorp, […]

Integrating California Independent System Operator’s (CAISO’s) and PacifiCorp’s networks—the two largest high-voltage transmission grids in the West—could yield billions of dollars in shared cost reductions within the first 20 years alone through efficiencies, a new study says.  The report commissioned by PacifiCorp stems from a memorandum of understanding signed by the independent system operator (ISO) […]

Warren Buffett bought Nevada’s NV Energy two years ago, a move widely seen as a play for solar and renewable generation. That’s working out. But as the company transitions away from legacy coal and high-priced renewable contracts signed years ago, large customers are rebelling, and the company faces a challenge to keep its big dog […]