Proposals for Renewable Energy Sought

Pacific Resources’ two Nevada-based utility subsidiaries, Nevada Power Company and Sierra Pacific Power Company, have issued a Request for Proposals (RFP) to solicit proposals for energy generated by renewable energy fuel sources.

Reno, Nevada Sierra – July 1, 2003 [] The requests are part of the utilities’ actions to comply with Nevada law which requires Nevada utilities 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. Responses to the RFP are due back to the utilities no later than August 18, 2003. Earlier this year, the Public Utilities Commission of Nevada (PUCN) approved renewable energy contracts between the utilities and seven suppliers to provide 277 MW of electricity to the utilities beginning in 2005. The contracts are for a combination of geothermal, wind and solar resources. The law contains a provision that requires providers of electric service to increase the use of renewable energy by 2 percent every other year, until the provider’s renewable energy portfolio accounts for 15 percent of its total energy sales by the year 2013. The total for solar-generated power must be 5 percent of the total renewable energy portfolio.
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