Nevada Transmission Line to Receive Loan From DOE

摘要

The U.S. Department Of Energy (DOE) announced the offer of a conditional commitment for a $350 million loan guarantee to develop the One Nevada Transmission Line (ON Line), the first transmission line project to be offered a conditional commitment by the Loan Programs Office of the Department of Energy. ON Line consists of a new 500 kilovolt (kV) alternating current (AC) transmission line that will run 235 miles from Ely, Nev., to just north of Las Vegas, with a new substation located at the northern end of the line. The project will carry approximately 600 megawatts (MW) of electricity, including energy from renewable resources in northern Nevada, and will integrate existing trans- mission systems in northern and southern Nevada, thereby improving grid reliability and efficiency and reducing power costs.