News

Nevada approves first-of-its-kind geothermal power supply agreement

Nevada approves first-of-its-kind geothermal power supply agreement The Blue Mountain geothermal power plant in Nevada (source: Google)
Carlo Cariaga 19 May 2025

The Public Utilities Commission of Nevada has approved the Clean Transition Tariff, providing a replicable model for large energy users to support geothermal.

The Public Utilities Commission of Nevada has approved the Clean Transition Tariff (CTT), a first-of-its-kind rate structure agreed upon last year by Google, Nevada utility NV Energy, and geothermal developer Fervo Energy.

This new type of utility rate allows large energy users to pay a premium and invest in clean, reliable electricity and emerging technologies. It also provides a blueprint that can be replicated and scale by large customers and utility companies in several other states.

Through the CTT, Fervo Energy and NV Energy will provide the data centers of Google with 115 MW of geothermal energy. Instead of passing the costs of developing Enhanced Geothermal Systems (EGS) to customers, the CTT will instead allow for a long-term investment from Google to fund Fervo’s project.

Dawn Owens,  Vice President for Development and Commercial Markets for Fervo Energy, further confirmed their partnership with Google has prompted interest from other companies interested in firm and clean power. The regulatory process of having the CTT approved was also key in presenting this as a model that can be replicated by other potential customers. The company is working to meet the fresh interest from other companies, stating that Fervo is now planning to expand the size of the project.

Source: Google and Latitude Media

author avatar
Carlo Cariaga