The initiatives are subject to the approval of the PUCN
Under the direction of the PUCN
, neither utility has entered into fixed-price natural gas hedges since 2009.
According to documents presented to the PUCN
, NV Energy cited SolarReserve's storage technology as a key reason for recommending to move forward on the Crescent Dunes project.
The three main Chilean tourist destinations Via del Mar, La Serena and Pucn
have all posted strong growth figures in recent seasons, with high inflation in neighbouring Argentina driving many Argentineans to holiday in Chile, Reuters reported.
will be evaluating the ASD project as part of NV Energy's integrated resource planning process in the coming months, and the company will be making other filings with the PUCN
to facilitate the studies that are part of the project.
Sierra Pacific expects the transaction to close in 2010, following required approvals by the California Public Utility Commission, the PUCN
, the FERC, and Hart-Scott-Rodino Antitrust Improvements Act review.
As part of the company's application, a letter of support from the Public Utilities Commission of Nevada (PUCN
) was included in the submission, since the PUCN
will be an integral part of bringing this new technology to Nevada's utility infrastructure.
Yackira added, "If the PUCN
approves our proposal to defer implementation of these new rates until September 2009, our customers' rates are expected to be lower in the summer of 2009 than they were in the summer of 2007.