PG&E Corporation Enters Nevada Market With Development of 1,000-Megawatt Power Project.Business Editors/Energy Writers SAN FRANCISCO--(BUSINESS WIRE)--Sept. 29, 2000 PG&E Corporation (NYSE NYSE See: New York Stock Exchange :PCG PCG phonocardiogram. ) announced Monday that its National Energy Group will pursue the Corporation's first project in Nevada through development of a 1,000-megawatt generating plant 45 miles northeast Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . The plant is designed primarily to serve the rapidly growing Nevada market. Because of its location near major electric transmission corridors, the plant also will play a major role in maintaining reliability in the overall western states power market. The proposed Meadow Valley Generating Project will be located on a 160-acre site in northeastern Clark County Clark County is the name of twelve counties in the United States of America:
"Southern Nevada has one of the most rapidly growing economies in the country," said Thomas B. King, president and COO of PG&E NEG, West Region. "Because of its location near Las Vegas, the Meadow Valley project will be ideally positioned to efficiently serve that demand growth." The project is being developed as a merchant plant, which means the power will be sold into the competitive wholesale electricity market. When the power is not needed in Nevada, it will play an important role in helping to maintain reliability and stability in the overall western energy market. The Southern Nevada/Arizona/New Mexico region has a critical need for new generating resources to maintain reliability. "The western market is a major focus for the PG&E National Energy Group," King said. "Through our generation assets, our gas transmission systems and our energy trading activities, we expect to play a significant role in meeting the growing energy demand in the western states." With the Nevada project, the PG&E National Energy Group has a total of 4,000 megawatts in development or construction in the western states. This includes projects amounting to 1,500 megawatts in California, 500 megawatts in Oregon and 1000 megawatts in Arizona. The company already operates the 474-megawatt Hermiston Generating Plant in Eastern Oregon Eastern Oregon is a geographical term that is generally taken to mean the area of the state of Oregon east of the Cascade Range, save the region around The Dalles and sometimes Klamath County. The area around Bend is considered to be Central Oregon rather than Eastern Oregon. . PG&E NEG also owns and operates a 612-mile natural gas pipeline system in the Pacific Northwest, and, with Sempra International, is developing a new 215-mile line from Ehrenburg, Arizona, to northern Baja California Baja California, state, Mexico Baja California (Span.: bä`hä kälēfōr`nyä), state (1990 pop. 1,660,855), 27,628 sq mi (71,576 sq km), NW Mexico, on the Baja California peninsula. Mexicali is the capital. , Mexico. Capable of generating enough electricity to serve 1 million homes, the Meadow Valley Generating Project will be fueled by clean-burning natural gas and it will be equipped with advanced-technology pollution control equipment to reduce its emissions. As a result, it will be one of the cleanest plants in the country. The plant will utilize combined-cycle technology to maximize efficiency, and it will incorporate water-saving technologies. Water for the project will be provided by the local water district through infrastructure to be built by PG&E NEG in connection with this project. The new infrastructure is expected to help the water district accommodate long-term growth in water demand in the region. The plant will generate 800 local jobs during construction and 40 full-time, family wage positions when it begins commercial operation. PG&E NEG has begun the process of securing all of the necessary federal, state and local permits for the projects. The proposed power plant site is a parcel of U.S. Bureau of Land Management land slated for disposal through a land exchange facilitated by the Clark County Multi-Species Habitat Conservation To conserve habitat life for wild species and prevent their extinction or reduction in range is a priority of a great many groups that cannot be easily characterized in terms of any one ideology. Plan and The Nature Conservancy Nature Conservancy, nonprofit organization established in 1951 to preserve or aid in the preservation of natural environments. It protects wilderness areas in the United States and Canada and is affiliated with similar groups in Latin America and the Caribbean. . The exchange, when completed, would provide for the protection of 1,600 acres of sensitive riparian riparian adj. referring to the banks of a river or stream. (See: riparian rights) lands along the Muddy River This article is about Nevada's Muddy River. For the Muddy River in Boston, Massachusetts, see Emerald Necklace. The Muddy River, formerly known as the Moapa River, is a short river located in the southern part of the state of Nevada, in the United States. in Clark County and the Meadow Valley Wash Meadow Valley Wash is a river in southern Nevada in the United States, approximately 110 mi (177 km) long, It provides the principal drainage of the southeastern portion of the state northeast of Las Vegas. in Lincoln County. PG&E Corporation, with revenues of more that $20 billion and operations in 21 states, markets energy services and products throughout North America. The Corporation owns or controls some 7,000 megawatts across the nation and another 14,000 megawatts under development or construction. PG&E Corporation's businesses also include Pacific Gas and Electric Company
The Pacific Gas and Electric Company (PG&E) , (NYSE: PCG), is the utility that provides natural gas and electricity to most of Northern California. , the Northern and Central California utility that delivers natural gas and electricity to one in every twenty Americans. Note to Editors: Please do not use "Pacific Gas and Electric" or "PG&E" when referring to PG&E Corporation or its National Energy Group. The PG&E National Energy Group is not the same company as Pacific Gas and Electric Company, the utility, and is not regulated by the California Public Utilities Commission The California Public Utilities Commission (CPUC; also often commonly referred to as simply the PUC) [1] is a state Public Utilities Commission which regulates privately-owned utilities in the state of California, including electric power, . Customers of Pacific Gas and Electric Company do not have to buy products or services from the National Energy Group in order to receive quality regulated services from Pacific Gas and Electric Company. Please visit our web site: www.pgecorp.com |
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