Buffett’s $26 Billion Power Bet in West Seen Paying Off

The move would be a game-changer for the renewables that Berkshire Hathaway Energy Co. has accumulated over the past decade, including two of the world’s largest solar farms, and for other clean-power producers, according to those who trade in the region’s markets. Berkshire’s plants stand to run for longer periods of time, and its NV Energy Inc. and PacifiCorp utilities will save as much as $63.9 million annually by 2017, Energy and Environmental Economics Inc. reports show. “It would be huge if all 38 balancing authorities joined,” Sean Breiner, a market design analyst for San Ramon, California-based energy trader Viasyn, said by telephone June 2. “Instead of having these balkanized regions, you’d have resources from Idaho to Wyoming all flowing into one kind of large spot market.”