Energy Storage Procurement Target

S.B. 204, enacted in May 2017, required the Public Utilities Commission of Nevada (PUCN) to determine whether it is in the public interest to adopt annual requirements for the procurement of energy storage by utilities. The PUCN determined in December 2018 that an energy storage target was in the public interest, and adopted formal targets in March 2020. The target adopted by the PUCN calls for 1,000 MW to be deployed in the state by 2030. It also includes interim targets of 100 MW by December 31, 2020, 200 MW by December 31, 2022, 400 MW by December 31, 2024, 600 MW by December 31, 2026, and 800 MW by December 31, 2028.