New Mexico

New Mexico PRC
N.M. Regulators Order Blackstone to Explain TXNM Stock Purchase
In a potential hurdle to Blackstone Infrastructure's acquisition of TXNM Energy, state regulators have ordered Blackstone to provide legal justification of its purchase of 8 million shares of TXNM Stock without the regulators' consent.
El Paso Electric
El Paso Electric Finds Solar Procurement Solution After Tariff Hikes

El Paso Electric again is seeking regulatory approval for its New Mexico renewable energy plan after resolving tariff-related cost uncertainty of a solar-plus-storage procurement proposed in the plan.

New Mexico PRC
PNM Accounting Request Revives EDAM vs. Markets+ Debate
State regulators approved an accounting order for Public Service Company of New Mexico’s participation in CAISO’s Extended Day-Ahead Market, in a case that rekindled the debate over which day-ahead market PNM should choose. 
Tri-State Generation and Transmission Association
Tri-State Seeks FERC Approval for Data Center Load Tariff
Tri-State G&T is seeking FERC’s approval for a new tariff designed to manage the heavy volume of data center load expected to materialize in its member utilities’ service territories over the next decade.
Lawrence Berkeley National Laboratory
Large-load Tariffs Touted as Alternative to ‘Side Deals’
As regulators grapple with rate design for large customers such as data centers, some experts are pointing out the transparency benefits of tariffs compared to special contracts between the utility and customer. 
PNM Resources
PNM Seeks Approval for Blackstone Acquisition
PNM will provide $175 million in benefits to customers and New Mexico as part of Blackstone Infrastructure’s acquisition of its parent company, TXNM Energy.
Xcel Energy
Xcel ‘Optimistic’ It Will Handle Tariffs, Trade War
Xcel CEO Bob Frenzel tried to reassure the investment community that the company is better prepared for a trade war and President Trump's tariffs during a first-quarter earnings call.
Pattern Energy
NM Lawmakers Pass Bills on Grid Modernization, Tx Taxation

The New Mexico Legislature passed a handful of energy-related bills, including one that would boost advanced grid technologies, which are seen as a way to make the grid more efficient and potentially reduce the need to build new transmission lines.

The Brattle Group
NM Regulators Poke Assumptions Behind EPE’s Markets+ Choice
A recent study that contributed to El Paso Electric’s decision to join SPP’s Markets+ rather than CAISO’s Extended Day-Ahead Market has raised questions among New Mexico regulators.
El Paso Electric
EPE’s Markets+ Decision ‘Not Transparent,’ NM Regulators Say

A New Mexico Public Regulation Commission workshop aimed to restore trust between the commission and El Paso Electric after the utility’s surprise announcement in January that it planned to join SPP’s Markets+.


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