Sandstone Energy 10X

Sandstone Energy 10X
1 MILLION HOMES POWERED
DURING PEAK
2,000 MEGAWATTS
(MW)

2,000 MEGAWATTS (MW)

The price of the fully dispatchable zero emission energy generation + energy storage from Sandstone Energy 10X will compete on pricing against the market without any special subsidies

0 FOSSIL FUEL
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0 EMISSIONS

SolarReserve’s clean technology does not require any natural gas backup

7 MILLION MEGAWATT-HOURS
POWER PER YEAR
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7 MILLION MEGAWATT-HOURS POWER PER YEAR

Storage will allow the facility to produce more than twice as much net annual output (megawatt hours) than an equivalent sized photovoltaic (PV) solar project

20,000 MEGAWATT-HOURS
ENERGY STORAGE

20,000 MEGAWATT-HOURS ENERGY STORAGE

A comparable amount of power delivery plus energy storage using rooftop solar with batteries would cost almost $30 billion

10 HR FULL LOAD
STORAGE

10 HR FULL LOAD STORAGE

Storage will enable the plant to operate just like a conventional fossil fuel or nuclear power plant, reliably generating electricity day and night – except without any emissions or hazardous waste

40+ YRS STORAGE WITH
NO DEGRADATION
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40+ YEARS STORAGE WITH NO DEGRADATION

Unlike batteries, molten salt lasts for 40 years or more, without any degradation or need for replacement; it also costs less than batteries

>10,000 DIRECT, INDIRECT
AND INDUCED JOBS

>10,000 DIRECT, INDIRECT AND INDUCED JOBS

The project will create more than 10,000 direct, indirect and induced jobs across America, as the vast majority of equipment and materials will be U.S. manufactured

3,000 CONSTRUCTION
JOBS
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>3,000 CONSTRUCTION JOBS

The Sandstone Energy 10X project is an example of how sustainable solutions, for energy now and in generations to come, foster new industries and create jobs by the thousands

NEVADA, USA

The Sandstone Energy 10X project will be a solar energy complex with up to ten solar thermal plants, using the next generation of SolarReserve’s energy storage technology. Each tower will be 150-200 megawatts, with storage and fully dispatchable, each producing about 700,000 megawatt-hours per year. Times ten towers, this will total up to 2,000 megawatts of power capacity and 7,000,000 megawatt-hours of annual output – generating power when energy is most valuable, reducing cost and risk to customers. Each tower will have approximately 10 hours of full-load energy storage, totaling 20,000 megawatt hours of energy storage capability for the entire project.

The project would be a win-win for both Nevada and California, supplying California clean energy needs and providing a job-creating export market for Nevada. The first phase of the project will start construction in the next 2-3 years, once we have completed permitting, obtained a power purchase agreement (PPA), secured funding, and selected an EPC.

PROJECT OVERVIEW

  • Location: Nye County, Nevada
  • Technology: SolarReserve’s proprietary CSP tower technology with Molten Salt Thermal Energy Storage 
  • Size: 2,000 megawatt facility output
  • Storage: 10 hours of full load storage, totaling 20,000 megawatt hours of energy storage capability
  • Electricity Production: 7,000,000 megawatt-hours of annual output – generating power when energy is most valuable, day and night
  • Dry Cooling: Significantly reduces the use of water, saving millions of gallons of water each year
  • Homes Powered: One million
  • Fuel: Our technology only uses the sun as its fuel, with no requirement for natural gas backup
  • Land Use: The project would be located on roughly 15,000 – 20,000 acres, which is less than three one hundredths of one percent of the land in Nevada

KEY BENEFITS

  • A project of this size would be a huge benefit to Nevada’s economy. We anticipate:
    • 3,000 construction jobs for 7 years of construction;
    • More than 10,000 direct, indirect and induced jobs across America, as the vast majority of equipment and materials would be U.S. manufactured;
    • More than $5 billion of capital investment;
    • 250 long-term, high-value operational jobs on site for 30 years or more;
    • More than $100 million per year paid in salaries and operating costs; and
    • Over $600 million in total tax revenues through the first 20 years of operation –supporting local municipalities, school systems, and police and fire departments.
  • The project is a giant leap forward for California as well:
    • California has a 50% target for renewable energy, and that cannot be met with intermittent wind and PV.  Energy storage will be a key part of an increasing the use of renewable energy;
    • We can meet the real energy demand of California, and address the peak times of California’s “Duck Curve” with purely renewable energy – no fossil fuels required, further reducing California’s carbon footprint;
    • At this scale, solar thermal with storage will be competitive with natural gas power plants, and just as reliable during peak periods;
    • And it will power over a million California homes.
  • The project will also provide an enormous opportunity for U.S. content. Using SolarReserve’s Crescent Dunes project as an example, equipment and services were purchased across 26 states.

ECONOMIC BENEFITS

  • More than $5 billion of capital investment
  • More than $100 million per year paid in salaries and operating costs
  • Over $600 million in total tax revenues through the first 20 years of operation – supporting local municipalities, school systems, and police and fire departments

JOB CREATION

  • 3,000 construction jobs for 7 years of construction
  • More than 10,000 direct, indirect and induced jobs across the U.S.
  • 250 long-term, high-value operational jobs on site for 30 years or more