The White Pine Pumped Storage project is the second rPlus Hydro project to reach this milestone this year, and is one of only a handful of pumped storage projects to reach this stage in the past two decades; the project will provide Nevada with significant energy storage capability.
White Pine Pumped Storage is expected to be Nevada's first pumped storage project, providing 8 hours of energy storage at its full output of 1,000 MW, which is equivalent to about an eighth of Nevada's peak power demand on a hot summer day.
"White Pine is located at an important crossroads of existing, planned, and proposed electric transmission in Nevada," states Matthew Shapiro, rPlus Hydro CEO. "From this location, the project would help the state meet peak power needs in its northern and southern load areas, and help stabilize the grid, while making the most effective use of renewable energy sources. With planned third-party transmission build-outs, the White Pine project will sit at the intersection of regional energy markets. It's hard to imagine a more strategic location for this project."
White Pine Pumped Storage expects to bring substantial economic benefits to the local community and will serve as an essential component of the region's modernized and reliable energy infrastructure. The project represents more than a $2.5 billion investment in Nevada's energy infrastructure and will support Nevada's move towards the clean energy goals adopted by its legislators and approved by its voters.
"We welcome the opportunity that White Pine Pumped Storage brings to further diversify our economic base and work force," says White Pine County Commission Chairman Shane Bybee. "This is a key milestone in the project's progression and demonstrates that rPlus Hydro is committed to our community and the ultimate success of this development."
The project's multi-year construction phase will create up to 500 construction jobs. Once operational, the plant will bring more than 35 new full-time, skilled positions to the area, and provide an estimated $12 million in additional annual tax revenue for state and local governments.
"White Pine County is geographically and politically positioned to be the future of Nevada's energy production, transmission, and storage. rPlus is a leader in the energy storage arena, and without creative projects like these, Nevada's growth in renewable energy developments can never become an efficient reality," notes Mike Wheable, White Pine County Manager. "White Pine County recognizes the effort and resources rPlus has dedicated to achieving this step in the development and is thankful to participate in this unprecedented and necessary project that will benefit all Nevadans."
FERC will now begin a robust environmental review and licensing process for White Pine Pumped Storage with local, state, and federal agencies. Construction could start as early as 2025.
Pumped storage can be thought of as a large battery that moves water back and forth between two reservoirs at different elevations to store energy and generate power. This cycle is repeated as needed for electric power reliability and grid stability. Pumped storage enhances the grid through accepting, storing, and dispatching energy from intermittent and variable renewable sources. It is a proven energy storage technology, with 43 such projects currently operating across the country and more than 130 around the world, and has a lifespan far longer than other energy storage technologies.
Members of the public may review a hard copy of the final license application for the project at the White Pine County Library in Ely, Nevada. Additionally, a digital copy of the license application is available online at https://www.whitepinepumpedstorage.com/.
About rPlus Hydro
rPlus Hydro, LLLP is a Utah Limited Liability Limited Partnership focused on developing, designing, and constructing new large-scale pumped storage hydroelectric projects in the United States. rPlus Hydro is a subsidiary of rPlus Energies. Learn more at www.rplushydro.com.
About rPlus Energies
rPlus Energies develops modern power plants to contribute to the rebuilding of America's energy infrastructure. rPlus works with the private sector, municipalities, and utilities to access a region's best mix of renewable resources to enable a more dispatchable and reliable power supply. rPlus Energies has over 30 projects across 15 market areas in the U.S. in active development including solar, wind, pumped storage hydro, and solar plus battery. Across all technologies, the portfolio represents over 12 GWs of power output and over 7.5 GWs and 60 GWh of storage capacity. rPlus Energies is a subsidiary of the Gardner Group, family-owned and operated since 1976. Gardner Group is dedicated to building better communities through thoughtful, sustainable practices in developing and managing real estate, renewable energy, and technology, and providing results-oriented philanthropy. Learn more at www.rplusenergies.com.
Contacts
For More Information on rPlus Energies:
Maile Resta
Communications Associate, rPlus Energies
mresta@rplusenergies.com
