As researchers unveiled a new report focused on New Mexico’s geothermal potential on Thursday, XGS Energy announced plans to develop a 150 megawatt geothermal closed-cycle facility — meaning the fluid inside is recirculated and not discharged — that will provide electricity to a Meta data center in New Mexico. New Mexico hopes the XGS announcement […]
Energy Transition
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PRC accepts comments on electric utility energy efficiency programs, targets
State regulators are accepting public comments about energy-saving targets and incentives for electric utilities as part of a rulemaking required by the Efficient Use of Energy Act. Amendments made in 2019 to the state’s Efficient Use of Energy Act required the PRC to create energy-saving targets and incentives for electric utilities that will be in […]
Posted inEnergy Transition, New Mexico Statewide News
Navajo Transitional Energy Company partners to develop low-carbon coal resources
The Navajo Transitional Energy Company announced a partnership with a North Carolina-based business known as 8 Rivers to look into the feasibility of a coal-fired power plant in either the Powder River Basin of Wyoming or on the Navajo Nation that would be equipped with carbon capture technology. 8 Rivers is developing Allam-Fetvedt Cycle technology […]
Posted inEnergy Transition, New Mexico Statewide News
NM’s largest utility could be sold to Blackstone Infrastructure
By Hannah Grover The parent company of New Mexico’s largest electric utility announced on Monday that it has reached an agreement to be acquired by Blackstone Infrastructure. Under the agreement, Blackstone will acquire TXNM Energy, which owns the Public Service Company of New Mexico, for about $11.5 billion. Under the agreement, Blackstone will acquire TXNM […]
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State regulators approve electric rate increases for PNM customers
By Hannah Grover People who receive electricity from the Public Service Company of New Mexico will see an increase in rates in July followed by another increase in April 2026. The New Mexico Public Regulation Commission approved an agreement between the utility and various intervening parties about the rates PNM customers will pay in the […]
Posted inEnergy Transition, New Mexico Statewide News
Utility says it needs rate hike to meet New Mexico’s 40% renewables goal
By Hannah Grover A utility serving customers in southern New Mexico is asking state regulators to approve a small increase to a rate rider that will support bringing new renewable resources online. El Paso Electric filed a plan with the New Mexico Public Regulation Commission on Friday outlining how it will reach the state-required 40% […]
Posted inEast Mountains, Energy Transition, Sandoval County
Concerned citizens file district court appeal against Sandoval County and PCR Investments
In an ongoing dispute over the proposed 1,833-acre Diamond Tail Solar and Storage Project in the East Mountains, several advocacy groups and concerned parties have filed an appeal in the 13th Judicial District Court of Sandoval County. The appeal, filed on April 3, challenges the decision by the Sandoval County Board of Commissioners in February […]
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NM Tech launches geothermal certificate program
By Hannah Grover The New Mexico Institute of Mining and Technology will launch a graduate certificate in geothermal energy this fall. New Mexico Tech’s new program comes amid increasing interest in geothermal energy, which can provide a stable, clean source of energy. “New Mexico has a strong geothermal potential due to its natural heat sources,” […]
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Heinrich calls on DOE to uphold commitments, provide funds for projects
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Here’s how PNM decides when to shut off power during high winds
By Hannah Grover The Public Service Company of New Mexico is monitoring weather closely as it determines whether to shutoff electricity to prevent wildfires. Omni Warner, vice president of PNM’s operations and engineering, said Tuesday was the fourth severe weather incident that led PNM to send out notice that a public safety power shutoff could […]