In addition, the Commission modified other residential and business customer initiatives that could add solar power to New Mexico’s energy mix. New Mexico law requires PNM and other electric utilities to have 10 percent of the energy they generate come from renewable resources such as wind and s...
PNM: Aggressive wholesale player eyes market south of the border.:Interviews Jeff Sterba, chief executive officer of the Public Service Company of New Mexico. Details of the creation of the holding company Manzano Corp.; Possibility of a merchant generation development in New Mexico; Operating ...
Working together for New Mexico. The key to modernizing our energy infrastructure is the Energy Transition Act. It will allow PNM to close the San Juan Generating Station in 2022. Additionally, PNM shareholders have agreed to forego their return on this investment, further lowering the cost to ...
Through its wholly-owned utility subsidiary, PNM agreed to acquire the 345-kV power line project in New Mexico from an affiliate of Pattern Energy Group 2 LP, or Pattern Development, and the New Mexico Renewable Energy Transmission Authority (NM RETA) in May. The move has now been cleared ...
Turning to Slide 16, I'll cover the low trends that we saw in the second quarter, as well as what we have seen in July. At PNM, residential usage continues to be around 5% higher, while commercial usage has shown some improvements in New Mexico. Our updated projection moving forward is...
Science has changed the way we live and the way we think.New inventions and discoveries have made it possible for us to think about the world in new ways.The means of transportation-bikes,cars,airplanes-we use today are good examples.They are based on the idea that transportation means movi...
leases vehicles, service facilities, and office locations throughout its service territory. The company serves residential, commercial, and industrial customers and end-users of electricity in New Mexico and Texas. PNM Resources, Inc. was founded in 1882 and is based in Albuquerque, New Mexico. ...
The state Public Regulation Commission on December 19 also granted PNM utility subsidiary Public Service Co. of New Mexico permission to join the California ISO's Western Energy Imbalance Market in 2021.Jeff StanfieldPlatts Megawatt Daily
PNM proposes monthly fees for solar customers in New Mexico, industry prepares to fightdoi:urn:uuid:f2d4cae202c9a410VgnVCM100000d7c1a8c0RCRDNew Mexico's largest electric provider has proposed charging fees to customers with rooftop solar systems, saying those customers still rely...
PNM service up in smoke.Reports on the electric outage in New Mexico caused by a grassfire. Outage's effect on Public Service Co. of New Mexico customers; Burning of two 345 kV transmission lines; Shutdown of the lines due to smoke....