2023 Integrated Resource Plan

Planning for your energy future

PNM collaborated with our customers and industry experts to develop an energy resource plan that spans the next two decades.

The 2023 Integrated Resource Plan (IRP) was a great opportunity for PNM and the community to join together to define our clean energy future. The IRP planning process invited public comment through a series of meetings that examined industry challenges and opportunities. Through the IRP planning process, PNM identified the most cost-effective resources to meet our customers' energy needs while maintaining reliability, affordability, resiliency, and working towards a carbon-zero footprint.

In 2023, PNM published its final IRP report, mapping the utility's resource planning from 2023 to 2043.

PNM 2023 Integrated Resource Plan - Final

PNM 2023 IRP Appendices Volume 1 of 2

PNM 2023 IRP Appendices Volume 2 of 2

 

What is the IRP Process?

Every three years, PNM files an Integrated Resource Plan (IRP) with the New Mexico Public Regulation Commission (NMPRC) that includes a four-year action plan and a look at energy needs over the next 20 years. Leading up to the publication of the IRP, a year-long process engages the public and other stakeholders in an ongoing dialog to solicit their views and build upon their expertise and experience.

Tomorrow's energy is planned today.

PNM's Public Advisory Process was an integral part of planning for the 2023 IRP. PNM welcomed comments and participation from the public, government and non-profit stakeholders, tribal interests, students, educational organizations, engineering and scientific organizations, and other concerned parties.

 

PNM Public Advisory Meeting Information

Detailed requirements for the PNM IRP may be found in NMPRC Rule 17.7.3 NMAC which can be accessed through the NMPRC website at nm-prc.org.

Date

 

Presentations and Materials

April 28, 2022

PNM 2023-2042 Integrated Resource Plan Kickoff
Meeting Summary
Media Advisory

May 25, 2022

Reliability & Resiliency
Southwest Resource Study
Meeting Summary
Resiliency in Planning for PNM

June 8, 2022

Resource Adequacy Modeling
Meeting Summary

June 22, 2022


Energy Efficiency / Resiliency / Market Depth
Meeting Summary

July 6, 2022

Meeting Summary
Load Forecast / Candidate Resource Pricing Methodology

July 27, 2022

Meeting Summary
IRP Modeling Updates / Techniques

August 17, 2022

Meeting Summary
Public Advisory Group Day

September 13, 2022

Meeting Summary
Transmission (1 of 2)

October 6, 2022

Meeting Summary
Transmission (2 of 2)

October 17, 2022

Meeting Summary
Emerging / Evolving Grid Solutions

November 2, 2022

Meeting Summary
Commodity, Pricing Forecasts & Scenario Process

December 15, 2022

Meeting Summary
Load & DGPV forecast / Pricing TOD / Siemens market price forecast

January 17, 2023

Meeting Summary
AEG bundles/EE program & highlights/PRM & ELCC/Summer 2022 imports/Scenario form

February 15, 2023

Meeting Summary
IRP rule, existing system, economic development scenarios for IRP, modeling framework & round 1 scenarios

March 15, 2023

Meeting Summary
New IRP Rule, Gridworks Introduction and Modeling Run Requests

 

2017 IRP Process: https://www.pnm.com/2017-irp-meetings
2020 IRP Process: https://www.pnm.com/2020-irp-meetings