News Releases
NV Energy Requests PUCN Approval to Begin Construction of North-South Transmission Line
Mar 9, 2009
11:05am
ON Line’s interconnection of NV Energy’s northern and southern service territories will allow renewable resources to be delivered throughout the state, greatly improving NV Energy’s ability to comply with Nevada’s portfolio standard in an economically efficient manner.
“This transmission line will allow customers to benefit from the
abundant renewable resources located all across our state,” said Michael
Yackira,
Yackira added, “ON Line will also allow
The proposed 235-mile, 500 kV transmission line, with an initial
transfer capability of approximately 600 megawatts, will run from
Robinson Summit (near
This filing represents another example of the company's continuing commitment to additional renewable resources, the addition of efficient generation facilities to be used during peak demand periods, and expanded demand side management programs designed to reduce energy consumption.
Headquartered in
Certain matters in this press release are forward-looking statements
within the meaning of the Private Securities Litigation Reform Act of
1995. These statements are subject to a variety of risks and
uncertainties that could cause actual results to differ materially from
current expectations. These risks and uncertainties include, but are not
limited to, NV Energy’s ability to obtain any necessary local, state and
federal regulatory approvals and permits, risks related to construction
of transmission lines, changes in the anticipated costs of the projects,
the utilities' ability to maintain access to the capital markets to
obtain financing on favorable terms, and regulatory treatment of costs
associated with constructing and operating the projects. Additional
cautionary statements regarding other risk factors that could have an
effect on the future performance of
For further information:
Source:
NV Energy, Inc., Las Vegas
Media Contact:
Adam Grant,
702-402-5222
Investor Contact:
Britta Carlson, 702-402-5624