By Eli Segall, Las Vegas Sun

After more than a year of study, NV Energy says it “may” have a new way to help customers.

The Las Vegas-based electric utility said last week it plans to join a western U.S. energy network that, starting next year when it’s up and running, will distribute power where it’s needed on a fast, rolling basis.

The “energy imbalance market” will be run by the California Independent System Operator Corp., which manages the bulk of California’s power grid.

NV Energy announced in August 2012 that it would work with California ISO to study the possibility of developing transmission facilities between their systems to share conventional and renewable energy.

NV Energy, which serves 90 percent of Nevada’s population, said in a news release today that the “initial results” of the study indicate that if the company joins the new market, this “may benefit both California and Nevada customers.” It did not elaborate.

Once the study is finished, the company said, it plans to file a report with the Public Utilities Commission of Nevada and seek approval to join the market.

Read the whole story