December 24, 2024

New Mexico

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NM PRC Issues ‘Guiding Principles’ for Electricity Market Participation
The Public Regulation Commission voted 3-0 to adopt the guiding principles which emphasize customer benefits, transparency, stakeholder involvement and tracking of greenhouse gas emissions.
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Customer Benefits Must Drive Market Decisions, NM Commissioner Says
Utilities should put customer benefits first when deciding on which Western day-ahead electricity market to join, New Mexico Commissioner Gabriel Aguilera said.
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
Xcel Energy
Xcel Energy Beefs up Wildfire Mitigation Plans
Xcel Energy says it relies on industry best practices and its own experience in beefing up wildfire mitigation plans.
Shutterstock
Tri-State CEO Gives Update on Energy Transition
Tri-State CEO Duane Highley spoke with ACP CEO Jason Grumet about how cooperatives are managing the transition from coal to renewables and balancing clean energy goals with reliability.
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FERC Upholds Tri-State Exit Fee Calculation Method
FERC upheld the contract termination payment rules for Tri-State Generation and Transmission Association it approved last year, though it modified some of its original order in response to requests for clarification.
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New Mexico Plots Next Steps for Day-ahead Market Decisions
As a next step in deciding which of two competing Western day-ahead markets to join, two of the state's utilities are commissioning a study of transfer capability under different market scenarios.
PNM
Regulators Approve PNM IRP Despite Staff Criticism
New Mexico commissioners voted to accept PNM's 2023 integrated resource plan despite concerns about an escalation in costs and resources since the 2020 IRP.
Tri-State G&T
FERC Directs Additional Compliance for Tri-State on Exit Fees
FERC ordered Tri-State Generation and Transmission Association to rework two filings involving departing members in orders issued March 29. 
Ken Lund, CC BY-SA 2.0
FERC Rejects Pump Storage Projects Over Navajo Objections
FERC rejected preliminary permits for seven pump storage projects on Navajo land, saying it no longer will consider projects that are opposed by host tribes.

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