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Doug Cannon, NV Energy president and CEO, speaks during the ribbon cutting of the Reid Gardner Battery Energy Storage System.

NV Energy CEO departs after 6 years; switch comes after news of utility overcharging

Brandon Barkhuff, NV Energy's general counsel, will serve as the new leader of the electric utility that serves most of Nevada.

Fire crews battle the Callahan Fire, which caused the evacuations of hundreds of homes southwest of Reno on Nov. 11, 2024. (Courtesy/Reno Fire Department via AP)

With outside firms reluctant to shoulder wildfire risks, NV Energy wants to insure itself

Between 2016 and 2020, it is estimated utility infrastructure caused nearly one-fifth of all wildfires. Major utilities found responsible for some of them, such as California's PG&E, were forced to file for bankruptcy after being unable to pay for damages caused by the fires, an outcome NV Energy is looking to avoid. Now, the utility is now asking state energy regulators to approve a $500 million wildfire self-insurance policy to protect it in case its equipment sparks a blaze.

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Massive clean energy bill expanding transmission, electric car charging stations gets first hearing; resorts opposed

Sponsored by Sen. Chris Brooks (D-Las Vegas), SB448 would expand the state's transmission infrastructure in line with NV Energy's multibillion-dollar Greenlink Nevada initiative, along with requiring a $100 million investment in electric vehicle charging stations, expanding rooftop solar to multi-tenant and commercial buildings and proposing a host of other measures aimed at lowering carbon emissions and building up renewable energy infrastructure.

NV Energy corporate headquarters in Las Vegas.

More details emerge from NV Energy's rare electricity conservation request from August

More than two months later, NV Energy is releasing more information about the decision-making process that led to the request for power conservation, as well as data that may help state utility regulators determine whether the conservation request was a one-time unusual request or a sign that the utility needs to do more to ensure resource adequacy as climate change and other factors drive more strain on the system.