The Public Service Company of New Mexico is asking for project proposals, including renewables and battery storage, designed to help reach its coal-free goal by 2031.
Public Service Company of New Mexico
It’s an ambitious, audacious goal.
In its 20-year 2017 Integrated Resource Plan submitted to the New Mexico Public Regulation Commission (NMPRC)earlier this year, Public Service Company of New Mexico (PNM) announced its intentions to be coal-free by 2031. Now it’s taken the first steps toward reaching those goals.
Last week, the state’s largest utility issued a request for proposals (RFP) for 456 MW of new generation resources, including renewable resources and battery storage. The RFP is predicated on the assumption that the utility’s San Juan Generating Station does not continue to operate post 2022.
The inclusion of battery storage in the RFP is part of a new NMPRC mandate that all the state’s utilities include those options in their future plans. The mandate was implemented in August.
In its August decision, the NMPRC said the original 2008 regulation that mandated IRPs didn’t take storage into account because the technology wasn’t sophisticated enough, and what did exist was too expensive. Now the technology is more easily deployable, adding them to the list of requirements makes far more sense – and PNM has taken the commission’s requirements into consideration with its new RFP.
But with new technologies available and prices coming down, the NMPRC decided the time was right to add it to the data requirements included in the reports.
PNM wants proposals that will help its portion of the grid provide the necessary reliability requirements and minimum operating resources that will meet North American Electric Reliability Corporation (NERC) and Western Electricity Coordinating Council (WECC) criteria.