NV Energy plots path to make money without coal
By Andrew Doughman, Las Vegas Sun
Sen. Harry Reid arrived in Carson City on a Wednesday in February, commandeered an office at the Legislature and sat down with state Sen. Kelvin Atkinson to hatch a plan.
A sweeping proposal to move coal out of Nevada’s energy mix had incubated for months among a group of powerful and influential politicians, business executives and lobbyists before they stepped forward and selected Atkinson to help execute it — at least publicly.
What emerged from that meeting was a legislative power play reaching from D.C. to Nevada that illustrates how consummate insiders can dictate energy cost and policy for every Nevadan for the next decade.
The big idea: Nevada would cease its investments in three coal-fired power plants and NV Energy, the state’s energy monopoly, would get to build expensive gas and renewable energy power plants — a cost that ratepayers would have to bear.
In a state with nearly the highest energy costs in the Mountain West region and a growing renewable energy sector, a potentially risky shift from coal to gas and alternative-energy plants could have been momentous or disastrous for Nevada residents, businesses, energy providers and politicians.