Sierra Pacific Resources (NYSE: SRP) today announced that, effective immediately, the company's utilities, Nevada Power Company and Sierra Pacific Power Company, will do business under the name NV Energy.

In a presentation today at the National Clean Energy Summit, Sierra Pacific Resources (NYSE:SRP) President and Chief Executive Officer Michael Yackira outlined a three-part energy supply strategy that focuses on increasing investments in energy efficiency and conservation, expanding renewable energy initiatives and adding generation that uses clean, cutting-edge technologies.

Nevada Power Company, a wholly owned subsidiary of Sierra Pacific Resources (NYSE:SRP), today received approval from the Public Utilities Commission of Nevada for development of two renewable energy generating plants.

By John G. Edwards By JOHN G. EDWARDS REVIEW-JOURNAL When Michael Yackira succeeded Walt Higgins as chief executive officer of Nevada's investor-owned electric utilities last summer, the energy world was changing.

By John G. Edwards, Las Vegas Review-Journal Feb. 12--Sierra Pacific Resources on Monday reported that ongoing earnings tripled in the fourth quarter, but Wall Street analysts questioned when or whether the company will build the giant coal-fired Ely Energy Center.