in News Departments > New & Noteworthy
print the content item

Public Service Co. of New Mexico (PNM), New Mexico's largest electric utility, has issued a request for proposals (RFP) for renewable energy projects that will decrease its dependence on fossil fuels and help the company meet state renewable energy mandates.

PNM seeks multiple proposals for wind, solar, hydropower, geothermal and bio-fuel generation that can be available no later than 2015. Beginning in 2015, PNM requires a total of 375,000 MWh of new qualifying renewable energy per year supplied through company-owned projects, power purchase agreements, or purchases of renewable energy certificates from other renewable generators in New Mexico.

Currently, New Mexico requires PNM to have a renewable energy portfolio that equals 10% of its retail energy sales - a goal PNM will achieve in 2013 and 2014 from a mix of solar, wind and geothermal sources and its solar distributed generation program. In 2015, the state renewable requirement increases to 15%, and to 20% by 2020.

New Mexico also has a renewable resource diversity requirement of 20% solar, 20% wind, 10% non-wind/non-solar and 1.5% distributed generation (3% in 2015).

The deadline for proposal submissions is Jan. 31, 2013. More information is available here.



Hse SandyHook
Latest Top Stories

Does Income Determine Who Benefits The Most From Smart Grids?

According to the Smart Grid Consumer Collaborative, low-income consumers may be at a disadvantage.


Accenture And Siemens Form Smart Grid Joint Venture

OMNETRIC Group will help utilities improve energy efficiency, grid operations and reliability.


Maine Public Utilities Commission: Smart Meters Are Safe

According to a report by the commission, there is no direct link between smart meters and health issues.


Report: Global Solar Deployment Topped Wind In 2013

Research firm Clean Edge finds that solar surpassed wind for the first time since it began tracking international markets in 2000.


HEM Is Key For Utilities To Maintain A Competitive Edge

According to a report by Lux Research, automated meters, electricity rates and renewable energy are crucial to the success of home energy management.

S&C Electric_id176
edf_id