Geothermal First for Nevada Policy

Reno, Nevada – July 6, 2004 [] Power companies in Nevada have until 2013 to establish 15 percent of their energy sales from renewable energy sources. Sierra Pacific Power already has 10 percent of its sales in renewables, and they signed a contract with ORNI 7 of Steamboat Nevada to get an additional 20 MW of power from the company’s Galena Geothermal 1 plant. The contract is dependant upon approval from the Public Utilities Commission of Nevada (PUCN), which will review the contracts and applies the pertinent law and regulations. Supply of the geothermal energy should begin in 2006. Sierra Pacific issued RFPs in 2003 to generate or acquire a certain percentage of renewable energy resources, including solar, wind, geothermal, biomass and hydro sources, for use in serving customers within the state. The company has been meeting and negotiating with several firms interested in supplying electricity generated from renewable energy resources. Current company resources include the Tuscarora Gas Pipeline Company, which owns 50 percent interest in an interstate natural gas transmission partnership and several unregulated energy services companies.

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