NV Energy's Greenlink Nevada transmission infrastructure initiative is poised to be among Nevada's first major infrastructure projects that will create immediate, good-paying jobs for thousands of Nevadans and align with Governor Steve Sisolak's vision for Nevada's new sustainable energy economy.
NV Energy proposed Greenlink Nevada to transform Nevada's clean energy landscape by tapping into resource-rich renewable energy zones throughout western and northern Nevada. It is expected to increase electric reliability for all Nevadans, and drive the creation of jobs and economic recovery from the COVID-19 pandemic. The project is currently pending regulatory approval in front of the Public Utilities Commission of Nevada. A decision is expected in March 2021.
NV Energy's investment of more than US$2.5 billion in Greenlink Nevada is expected to generate US$690 million in economic activity and support nearly 4000 jobs, including the use of skilled union labor. The initiative will also allow for the development of renewable energy projects throughout Nevada that will contribute significant economic growth in the form of nearly 2000 additional construction jobs and related tax revenue.
"The COVID-19 pandemic has brought the job and economic benefits of essential clean energy infrastructure initiatives like Greenlink Nevada to the forefront, not only in Nevada but also nationally, as seen in President Joe Biden's executive order on the climate crisis that calls for the deployment of clean energy and transmission projects," said Doug Cannon, NV Energy president and chief executive officer. "NV Energy is committed to working with the governor to help propel our state's economic recovery while also advancing the state's renewable and climate action goals."
Greenlink Nevada will help drive the diversification of the entire Nevada economy as many new businesses coming to the state want to be served by affordable, renewable energy. The project will provide access to a greater diversity of low-cost clean energy across Nevada and position the state to participate in broader western energy opportunities. This will complement the in-state energy resources and lower energy costs for Nevada homes and businesses.
Greenlink Nevada will further support the state's Climate Initiative and help accelerate Nevada's climate action and carbon reduction goals, positioning Nevada to be an energy leader in the western United States.