Mirant enters long-term power contracts with Nevada Power Co.



ATLANTA, Jan. 28, 2003 -- Mirant on Tuesday announced that it entered into three long-term power contracts with Nevada Power Co. under which Mirant will provide 325 megawatts of capacity and electricity to Nevada Power Co. The contracts are subject to the approval of the Public Utilities Commission of Nevada.

"This agreement with Nevada Power is significant because it signals progress toward stabilizing a key western power market," said Anne Cleary, vice president for Mirant's West assets. "Mirant's contracts demonstrate that parties are still entering long-term power purchase agreements, which reflect the value of flexible and reliable physical power. Mirant will continue to focus on well-functioning, regional markets where we have a critical mass of assets, people and customers."

"These long-term contracts are part of our plan to ensure future price stability while providing safe and reliable service to our customers in southern Nevada," said Pat Shalmy, president of Nevada Power.

Mirant's new power plant, located north of Las Vegas in the Apex Industrial Park, will generate most of the power to be provided under the contracts. Mirant's plant is a 533 MW, natural gas-fired plant that is scheduled to begin commercial operation in April 2003.

The contracts extend to April 2008. Specific terms of Mirant's contracts with Nevada Power Co. were not disclosed.

More information is at www.mirant.com.

Sponsored by FLSmidth
Related Articles
Largest solar co-op installation in Texas begins final testing

Largest Solar Co-Op Installation in Texas Begins Final Testing

CoServ Solar Station, the largest co-op solar installation in Texas, has begun final testing of its 2.7-MW solar farm in the rural north of the state.

Hinkley Point C nuclear plant start delayed

EDF: Hinkley Point C Nuclear Plant Start Date Delayed

France-owned EDF Energy says that the Hinkley Point C nuclear power project will not begin in 2023 as planned.

Follow Power Engineering on Twitter
Latest News
Largest solar co-op installation in Texas begins final testing

Largest Solar Co-Op Installation in Texas Begins Final Testing

CoServ Solar Station, the largest co-op solar installation in Texas, has begun final testing ...
Hinkley Point C nuclear plant start delayed

EDF: Hinkley Point C Nuclear Plant Start Date Delayed

France-owned EDF Energy says that the Hinkley Point C nuclear power project will not begin in...
SMEPA Will Buy Power From Second Lamar County Solar Site

SMEPA Will Buy Power from Second Lamar County Solar Site

Origis Energy will build an additional 52 megawatts of solar energy capacity in Sumrall, sell...
Most U.S. nuclear power plants operating at highest level, NRC says

Most US Nuclear Power Plants Operating at Highest Level, NRC Says

A majority of U.S. nuclear power plants are operating at the highest performance levels in th...
09/02 Henry Hub Average Natural Gas Spot Prices

09/02 Henry Hub Average Natural Gas Spot Prices

The Henry Hub is the pricing point for natural gas futures contracts traded on the New York M...
Federal regulators back keeping Colorado Coal mine open

Federal Regulators Back Keeping Colorado Coal Mine Open

The Office of Surface Mining Reclamation Enforcement issued its decision Tuesday, five days b...
Manitoba Hydro names Darren Rainkie interim president and CEO

Manitoba Hydro Names Interim President and CEO

While it continues to search for a new permanent president and CEO, the Manitoba Hydro-Electr...
Silver Spring Networks, Inc., a developer of software and networking platforms for major utilities, yesterday announced that Michael Bell has been appointed president and CEO of the organization.

Silver Spring Networks Names President and CEO

Silver Spring Networks, Inc., a developer of software and networking platforms for major util...
Power Engineering Current Issue
06/01/2015
Volume 119, Issue 6
file
Products Showcase
Areva delivers reactor vessel head to Belgium nuclear power plant

Areva delivers reactor vessel head to Belgium nuclear power plant

Areva delivered a nuclear reactor vessel head to Electrabel for Unit 4 at the Doel nuclear power plant in Belgium.

GE announces launch of latest aeroderivative gas turbine, LM6000-PF+

GE announces launch of latest aeroderivative gas turbine, LM6000-PF+

GE is launching its latest aeroderivative gas turbine, the LM6000-PF+, which employs technologies from four GE businesses, bringing power online faster and more efficiently than ever before.

Dynamic Fluoride Ion cleaning DFIC of industrial natural gas turbines Hi-Tech Furnace Systems

Dynamic Fluoride Ion Cleaning of IGT Parts

The Dynamic Fluoride Ion Cleaning (DFIC) Process from Hi-Tech Furnace Systems is able to clean deep, narrow cracks of oxides by cycling between negative, atmospheric, and positive pressure.

Archived Articles

2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015

Buyers Guide Categories
Buyers Guide Product Listings

Sargent & Lundy Construction Management Services

Providing complete construction management and ...

Mechanical Services

Expert mechanical services range from boiler ma...

Power Industry Wire News

Perma-Fix Environmental Services to Present at the Rodman & Renshaw 17th Annual Global Investment Conference in New York City

Perma-Fix Environmental Services to Present at the Rodman & Renshaw 17th Annual Global ...

Despite Downturn, Some Suppliers to Oil & Gas Industry Are Growing, an Industrial Info News Alert

Despite Downturn, Some Suppliers to Oil & Gas Industry Are Growing, an Industrial Info ...

2015 National Advanced Biofuels Conference & Expo Announces Preliminary Agenda

2015 National Advanced Biofuels Conference & Expo Announces Preliminary Agenda

Energy Partner Paul Kaufman Joins Sheppard Mullin Del Mar

Energy Partner Paul Kaufman Joins Sheppard Mullin Del Mar

Algae Biomass Summit Showcases Advances in Engineering and Analysis

Algae Biomass Summit Showcases Advances in Engineering and Analysis

Power Engineering

Article Archives for Power Engineering Magazine

Continuing Education

Professional Development Hours

To access a course listing associated to a specific topic listed below, click on the topic of choice from the list below.

Latest Energy Jobs

View more Job Listings >>