Warren Buffett
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Renewables
NV Energy Adding 1 GW Each of Solar, Energy Storage in Nevada
Nevada-based utility NV Energy said it plans to add more than 1 GW of capacity from both solar power and battery energy storage to its generation portfolio by the end of 2027. The company, which includes Las Vegas in its service territory and is part of billionaire Warren Buffett’s Berkshire Hathaway conglomerate, unveiled the additional […]
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Wind
Iowa Utility Proposes $3.9 Billion Renewable Energy Project
A subsidiary of billionaire Warren Buffett’s Berkshire Hathaway Energy has announced it plans to invest another $3.9 billion into renewable energy in Iowa, with a project that would add more than 2 GW of wind power to the state. Des Moines-based MidAmerican Energy on Jan. 19 said the Wind PRIME project also includes solar power […]
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Nuclear
Climate Ripe for Nuclear Advancements
Improvements in nuclear power technology are being driven by research into safer reactor designs and new fuel types, including smaller reactors that offer flexible siting options with modular construction
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News
GE Splitting Into Three Companies, Will Spin Off Energy Group
General Electric (GE) has announced plans to split into three separate companies, breaking up into publicly traded groups for its energy, healthcare, and aviation divisions. The company on Nov. 9 said the GE Power, GE Renewable Energy, and GE Digital groups will be combined into one business, with the company pursuing a tax-free spin-off of […]
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News
$8 Billion Proposals Could Bring New Gas-Fired Plants to Texas
An energy investment group told Texas regulators the company has a plan to help solve some of that state’s electricity reliability issues, proposing a plan similar to one put forth by billionaire Warren Buffett’s Berkshire Hathaway Energy in March. Starwood Energy Group on April 23 sent the state’s Public Utility Commission a proposal to build […]
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News
Feds Back Construction of Largest U.S. Solar Farm
The U.S. Bureau of Land Management (BLM) on Dec. 30 released a final environmental impact statement (EIS) for the Gemini solar project, a planned 7,100-acre installation outside Las Vegas, Nevada, with a proposed generation capacity of 690 MW. The $1 billion project would be the largest U.S. solar farm in terms of generation, and includes […]
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News
Q&A With Geothermal Experts
Geothermal energy has been around forever, used as a heating source across the world. Today it has surfaced as another renewable resource, with advancements in drilling technology bringing down costs and opening new areas to development. In conjunction with the feature article on geothermal in the May 2019 issue of POWER, we sought opinions from […]
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Legal & Regulatory
NV Energy: Warren Buffett’s Plan for a Structural Power Shift
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 […]