NV Energy, officially known as Nevada Power Company, is a leading energy provider headquartered in the United States, specifically in Las Vegas, Nevada. Founded in 1906, the company has evolved significantly, serving millions of customers across the state and parts of California. As a key player in the utility industry, NV Energy focuses on delivering reliable electricity and natural gas services, with a commitment to sustainability and renewable energy initiatives. The company offers a diverse range of products and services, including energy efficiency programmes and renewable energy options, setting it apart in a competitive market. NV Energy has achieved notable milestones, such as significant investments in solar energy, positioning itself as a frontrunner in clean energy solutions. With a strong market presence, NV Energy continues to innovate, ensuring a sustainable energy future for its customers and the communities it serves.
How does NV ENERGY's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Machinery and Equipment industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
NV ENERGY's score of 18 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, NV Energy reported a total carbon emissions intensity of approximately 454.0 kg CO2e per MWh for purchased generation, although specific total emissions data for the year is not disclosed. In 2020, the company recorded an emissions intensity of about 358.0 kg CO2e per MWh for owned generation. This indicates a trend towards reducing emissions over the years, as the 2019 figure was approximately 473.0 kg CO2e per MWh for purchased generation and 484.0 kg CO2e per MWh for owned generation in 2018. The total emissions for NV Energy in 2018 were about 10,899,261,000 kg CO2e, while in 2005, the total was approximately 10,952,666,000 kg CO2e. This suggests a gradual decrease in overall emissions over the years, although specific reduction targets or commitments have not been detailed in the available data. NV Energy has not disclosed any specific reduction initiatives or climate pledges, indicating a potential area for improvement in their sustainability strategy. The company operates within the context of increasing industry pressure to reduce carbon footprints and transition to cleaner energy sources.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
NV ENERGY is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.