NV Energy Seeks Short-Term Renewable Energy

NV Energy (NYSE:NVE) announced today that it has issued a Request for Information (RFI) for short-term renewable energy resources. The company desires proposals for deliveries of renewable energy beginning on or after October 1, 2009. Energy deliveries may be for a minimum of one month up to three years.

Proposals will be considered for the following types of renewable energy resources: solar, wind, geothermal, biomass and other resources eligible for portfolio energy credits under the Nevada renewable portfolio standard. Responses to the RFI are due by September 2, 2009.

"Nevada’s tremendous renewable resources make our state a focal point in the industry," said Tom Fair, vice president renewable energy, NV Energy. "We are currently involved in hundreds of megawatts of renewable energy projects, but need to increase our portfolio to maintain our position ahead of Nevada’s Portfolio Standard (PS)."

This request is consistent with the company's ongoing plan to surpass the goals of Nevada's Portfolio Standard that requires an increasing percentage of the electricity provided by NV Energy to its customers be from renewable sources. The Standard, which was recently increased by the 2009 Legislature, calls for 25 percent of all the company's energy to come from renewable resources or energy efficiency measures by 2025.

Parties interested in submitting a response to the RFI, or those seeking more information related to the RFI or renewable energy laws contact NV Energy at:

ShortTermRFI@nvenergy.com

Headquartered in Las Vegas, NV Energy, Inc. is a holding company whose principal subsidiaries, Nevada Power Company and Sierra Pacific Power Company, are doing business as NV Energy. Serving a combined 54,500-square-mile service territory that stretches north to south from Elko to Laughlin, NV Energy provides a wide range of energy services and products to approximately 2.4 million citizens of Nevada as well as approximately 40 million tourists annually.