Public Service Company of New Mexico (PNM)
CAISO said that Turlock Irrigation District, California’s oldest irrigation district, signed an agreement to join the Energy Imbalance Market in April 2021.
The Western Energy Imbalance Market chalked up another future member after Tucson Electric Power signed an agreement saying it will join in April 2022.
Washington state lawmakers approved legislation Monday requiring the state to rely entirely on zero-emissions and renewable energy by 2045.
The New Mexico PRC granted two approvals PNM requested to join CAISO’s Western Energy Imbalance Market, but denied one concession the utility deemed key.
New Mexico’s largest utility is still hoping to join the Western EIM, with the move taking on added significance requiring 100% carbon-free electricity.
New Mexico’s PUC vacated an order that had paved the way for the PSC of New Mexico to join CAISO’s Western Energy Imbalance Market by the spring of 2021.
New Mexico regulators gave PNM permission to join the Western Energy Imbalance Market (EIM), clearing the way for participation in April 2021.
Public Service Company of New Mexico (PNM) has applied to join the Energy Imbalance Market by 2021, the EIM Governing Body learned.
FERC accepted transmission calculations submitted by Southwestern transmission-owning utilities in support of their requests for market-based rates.
FERC approved an uncontested settlement agreement granting PNM a 10% base return on equity on its transmission operations.
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