article tools
Increase Text Size Increase Text Size Decreate Text Size Decrease Text Size
Share Email This Story Share Share This Story Reader comments Reader Comments (0) Add to favorites Add to Bookmarks Printer friendly version Printer Friendly Version
Article Tool Sponsor:

Advertise with us

More Jobs
Previous Article
Next Article
View All
0 ratings - Sign-in to rate this article
August 8, 2006

Up to 60 MW PPAs Signed in Nevada for Geothermal Power

Reno, Nevada [RenewableEnergyAccess.com]

Sierra Pacific Resources has signed power purchase agreements (PPAs) with Ormat Technologies Inc., that will add up to 60 megawatts (MW) of new renewable generating capacity to its energy portfolio. The power will be used by its utility subsidiaries, Nevada Power Company and Sierra Pacific Power Company to serve customers in Nevada.

"Geothermal power has an impressive track record of being clean and reliable and is becoming competitively priced with conventional power generation."

-- Tom Fair, Renewable Energy Program for Sierra Pacific Resources, executive

The contracts specify purchases from new geothermal power plants to be constructed in northern Nevada. Each of the contracts is for 20 years and will require review and approval by the Public Utilities Commission of Nevada. The PPAs are for new plants planned for construction by Ormat at Carson Lake, in Churchill County and Buffalo Valley, in Lander County, and are both projected to come online in late 2009, pending approvals of the Public Utilities Commission of Nevada and the Federal Energy Regulatory Commission (FERC).

These agreements represent the eleventh and twelfth PPAs between Ormat and Sierra Pacific Resources, and are the fifth and sixth executed since Nevada enacted its renewable portfolio standard legislation in 2001.

"Fuel diversity is important to our company and our customers, not only to meet the state's goals for renewable energy standards, but to help stabilize energy prices during times of volatile energy markets," said Tom Fair, executive, Renewable Energy Program for Sierra Pacific Resources. "Geothermal power has an impressive track record of being clean and reliable and is becoming competitively priced with conventional power generation."
For Further Information
Please Note: RenewableEnergyWorld.com does not endorse the sites behind these links. We offer them for your additional research. Following these links will open a new browser window.
Previous Article
Next Article
View All
Reader Comments (0)
 
Add Your Comment

Registered users, please make sure to Sign-In. We and others want to know your ideas and opinions. If you are not yet Registered -- it's quick and easy. Just click below.
Thanks!

Register Now   Sign-In
Featured Total Access Partners
Click company logos to learn more
Johnson Controls, Inc. SolarCraft Solar Living Institute Solarfun SANYO Energy (USA) Corp. PetersenDean Roofing and Solar Systems
WORLD'S #1 RENEWABLE ENERGY NETWORK
World's #1 Renewable Energy Network Logo