News Release

Nov. 16, 2005

PNM Extends Deadline for Renewable Energy Proposals

LEARN MORE Updated RFP (1.1 MB .pdf) RFP cover letter (.pdf) RFP amended schedule (.pdf) RFP answers to questions - added Nov. 22 (.pdf) RFP answers to questions - added Dec. 7 (.pdf)

PNM NEWS News releases Financial news Contact PNM

NEWS MEDIA CONTACT Susan Sponar Telephone: (505) 241-2768

Albuquerque: Third-party energy suppliers interested in supplying PNM with renewable energy certificates (RECs) and possibly power and capacity now have more time to prepare their proposals.

PNM has extended two key deadlines associated with a request for proposals (RFP) it issued Oct. 21. Notices of intent to respond to the RFP are now due Dec. 9, and final proposals are due Dec. 22.

"We have extended the deadline to give applicants five more weeks to put their proposals together," said Evelin Wheeler, PNM director of planning, strategy and analytics. "We hope this will result in a larger and stronger group of proposals for PNM to consider."

In order to help PNM meet the terms of New Mexico's renewable portfolio standard (RPS), which favors resource diversity, the utility is looking for bids for non-wind renewable resources, including solar, biomass and geothermal. PNM already purchases a large amount of wind energy from one of the world's largest wind energy facilities, the 200-megawatt New Mexico Wind Energy Center located near Ft. Sumner, N.M.

Wheeler said the company understands that some potential respondents may not be able to submit detailed responses to some of the RFP's requests – such as information regarding credit worthiness, engineering plans, and environmental and siting plans – but that this should not discourage interested suppliers from responding.

"We want to hear from any and all suppliers who believe they have competitive projects that could begin producing power and associated RECs in New Mexico in 2009," she said.