News Release

Jan. 14, 2020
PNM and the community team up to shape New Mexico¿s energy future

PNM shares future technologies with community members as they work together to develop a twenty-year plan for an emissions-free energy future

 

Albuquerque: This morning, PNM shared future technologies that could help the company achieve its 100-percent emissions-free goal by 2040. Over thirty community members attended in-person or via live webcast to discuss and deliberate existing and developing technologies, including customer side energy storage, energy battery storage, and microgrids.

¿The company is actively looking for innovative technologies that can help us reach our emissions-free goal. We will continue to evaluate technologies and hopefully get new and emerging technologies that we can integrate into our system to lead New Mexico toward a clean and bright energy future,¿ Nick Phillips, Director, PNM Integrated Resource Planning.

Today¿s meeting is a part of the PNM Integrated Resource Plan (IRP) process that includes a set of open public meetings to help define a plan to meet energy needs for the next twenty years. The outcome of the IRP will be a portfolio of the lowest cost resources along with a four-year action plan. Technologies included in that action plan will be pursued by PNM. All other technologies will continue to be followed and assessed for industry readiness.

The company issued a public request last November for new and emerging technologies. An advisory group, consisting of experts from the Sandia National Laboratories, National Renewable Energy Laboratory, New Mexico State University, NM State Land Office, and Western Grid Group, reviewed all submittals and provided a recommendation for the Integrated Resource Plan team to consider.

PNM has sought public engagement in the IRP process, including outreach via social media and the company¿s monthly publication sent to over 530,000 New Mexicans. Active attendees have included PNM residential customers, environmental advocates, business owners, and staff from regulatory agencies.

 

With headquarters in Albuquerque, PNM is the largest electricity provider in New Mexico, serving more than 530,000 customers in dozens of communities across the state. PNM is a subsidiary of PNM Resources, an energy holding company also headquartered in Albuquerque. For more information, visit PNM.com.