Jun 10 2010
Nevada State is known to possess rich supply of renewable resources, which can facilitate the development of novel technologies. Recently, the city of Reno in Nevada was ranked as one of the world’s top-ranking geothermal cities by the Geothermal Energy Association.
The Nevada Commission on Economic Development’s executive director Mike Skaggs opined that Nevada is not only the leading state in the country when it comes to solar power and geothermal potential, but major portion of the state is ideal for development of wind energy. The Colorado River, which borders the southern portion of Nevada, is a resource for hydroelectric power generation. Already, Nevada leads the nation in per capita production of solar energy. The creation of solar investment tax credits by the federal government will help stimulate job creation and investment for the solar industry.
In an effort to decrease dependence on foreign oil and fossil fuels, the Nevada State has adopted a renewable portfolio standard (RPS). The 2009 legislature improved and renewed its financial incentive program meant for producers of renewable energy in order to assist the renewable projects necessitated by the RPS.
The Governor of Nevada Jim Gibbons supplied an Executive Order creating the Renewable Energy Transmission Access Advisory Committee (RETAAC) for developing renewable energy resources. This committee provides suggestions on efficient methods of accessing a transmission system grid. One well-known development in the state is the investment on a transmission line spanning 250 miles, connecting Las Vegas and Reno.
Source: http://www.diversifynevada.com/