New mexico renewable energy act


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New Mexico Electricity Generation by Source Energy

The 2019 Energy Transition Act sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural electric cooperatives in addition to

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New Mexico Request for Information for Energy Transition

New Mexico Request for Information for Energy Transition Act Proposals is Governor Lujan Grisham signed the Energy Transition Act (ETA) into law in 2019, which sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural electric cooperatives and a goal of 80 percent by 2040, in addition

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New Mexico RETA

Let''s Make Renewable Energy in New Mexico Thrive. New Mexico Renewable Energy Transmission Authority . We are Rich in Wind and Sun study concludes there is enough renewable energy resources for development in New Mexico to meet the Energy Transition Act''s (ETA) requirement of 50% renewable electricity for utilities and rural electric

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Governor Lujan Grisham; Sens. Candelaria, Stewart; Rep. Small

Feb 7, 2019· The Energy Transition Act, as it is formally called, sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural

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New Mexico''s Energy Transition Act of 2019

Mar 23, 2022· The Union of Concerned Scientists helped answer those questions in their October 2017 report, Committing to Renewables in New Mexico: 2,400 new jobs, improved health,

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ECMD Home

We maintain, update and test the New Mexico''s Energy Security Plan and are the state leads for Energy Support Function (ESF-#12), which is activated in the event of an energy emergency. We permit high temperature geothermal resource projects. We administer several renewable energy and energy efficiency tax credit programs.

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Clean Energy in New Mexico | The Nature Conservancy

Jul 8, 2020· The newly enacted Energy Transition Act (SB 489) is a promise to our planet, to our health and to future generations of New Mexicans. The Energy Transition Act places New Mexico at the forefront of tackling climate change in

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Department of Energy

Department of Energy Recovery Act State Memos New Mexico For questions about DOE''s Recovery Act activities, please contact the DOE Recovery Act Clearinghouse: 1-888-DOE-RCVY (888-363-7289), Monday through Friday, 9 a.m. to 7 p.m. Eastern Time percent is budgeted for renewable energy projects and community programs.

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Statutes

Efficient Use of Energy Act [2019 New Mexico Laws Ch. 202] Energy Efficiency Resource Standard [2019 House Bill 291] Renewable Energy Act [2019 New Mexico Laws Ch. 65] Renewable Portfolio Standard; Energy Transition Act 2019 [2019 New Mexico Laws Ch. 65] Solar Rights Act [NMSA 1978, § 4731 to 4735]

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SLOPE Stories

As part of that continued leadership, New Mexico passed the Energy Transition Act in 2019, setting a statewide renewable energy standard of 50% by 2030 and zero-carbon standards for utilities by 2050. 1 Realizing these targets will necessitate significant transformations in New Mexico''s electric grid''s capacity to deliver clean energy while

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New Mexico passes a mini-Green New Deal

Mar 22, 2019· New Mexico''s Green New Deal 01:08. known as the Energy Transition Act, also sets nearer term goals for half the state''s power to come from renewable sources by 2030 and 80 percent by 2040. It

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Meet the Champion Who Helped New Mexico''s Clean Energy

Feb 21, 2024· By the 80''s, I was covering the infancy of renewable energy regularly. I loved being close to this zeitgeist of change, and my career as an energy journalist continued for the next 20 years. The fellowship opened the door to the energy community in New Mexico, where I had just moved. The commissioners needed expert advisory assistance to

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New Mexico North Path Transmission Project Overview

Supports 50% renewable energy by 2030 goal of New Mexico''s Energy Transition Act New Mexico has the 14th highest energy related per-capita carbon dioxide emissions in the country. U.S. Energy Information Administration, 2019 "The

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New Mexico Climate Strategy

1,395 MW of New Renewable Power Generation Since 2019 A total of 1,395 megawatts (MW) of renewable power generation came online in New Mexico between March 2019 and the end of 2021—more than double the growth in renewable generation in the two years prior. Approximately 40% of this energy is used in New Mexico, and the other 60% is exported.

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1 AN ACT 2 3 4

rules to implement the renewable energy act; requiring the environmental improvement board to promulgate rules to limit carbon dioxide emissions of certain electric generating facilities. be it enacted by the legislature of the state of new mexico: section 1. short title.--sections 1 through 23 of this act may be cited as the "energy transition

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Invenergy Transmission, New Mexico Renewable Energy

Jan 12, 2023· The project will create 3,500 jobs at family-sustaining wages during project construction and generate tens of millions of dollars in annual tax payments to Tribal, State, and Local governments. It will also support the renewable energy standard of 50% by 2030 of New Mexico''s Energy Transition Act.

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Governor signs landmark energy legislation, establishing New

Mar 22, 2019· The ETA sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural electric cooperatives and a goal of 80 percent by

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New Mexico Electricity Generation by Source Energy

The 2019 Energy Transition Act sets a statewide renewable energy standard of 50 percent by 2030 for New Mexico investor-owned utilities and rural electric cooperatives in addition to setting zerocarbon resources standards for investor- - owned utilities by 2045 and rural electric cooperatives by 2050. According to

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Renewable Energy Production Tax Credit (REPTC)

Apr 17, 2023· The Renewable Energy Production Tax Credit (REPTC) [NMSA 1978, § 7-2A-19] has sunset, but created a significant incentive for economic development in New Mexico, attracting utility-scale renewable energy developers to the state and assisting utilities in meeting state Renewable Portfolio Standard (RPS) requirements.

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Sustainable & Green Energy

Local Economic Development Act; Local Economic Assistance & Development Support Program (LEADS) New Mexico has substantial renewable resources from solar, wind, hydroelectric, biomass and geothermal energy. Cyrq

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2025 Renewable Energy Act Plan

Customer Notice. The customer notice is required by the New Mexico Public Regulation Commission ("NMPRC"). The purpose is to provide you with notice of the PNM Application for Approval of its 2025 Renewable Energy Act Plan and Rider No. 36.. The notice describes the Public Regulation Commission process to consider this request, and how you can participate if

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New Mexico Climate Change Action

New Mexico residents can now access a range of programs designed to help you save on energy costs and make your home or business more sustainable. Whether you''re interested in upgrading to energy-efficient appliances, installing solar panels, or making other improvements, there are rebates and tax credits available to support your efforts.

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SB0194

55th legislature - state of new mexico - second session, 2022. introduced by. george k. munoz an act. relating to electric utilities; amending definitions in the rural electric cooperative act and the renewable energy act. be it enacted by the legislature of the state of new mexico: section 1.

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New Mexico Renewable Portfolio Standard

In March 2004, New Mexico''s governor signed into law the Renewable Energy Act (S.B. 43), creating a state renewable portfolio standard (RPS). By 2020, investor-owned utilities (IOUs) are required to generate 20% of total retail sales from renewable energy resources, and rural electric cooperatives are required to generate 10% of total retail sales from renewable energy resources.

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New Mexico: Moving From Legislation to Implementation

New Mexico''s Energy Transition Act Benchmarks for Utilities • 80% renewable energy by 2040 • 100% zero carbon resources by 2045, as long as safety, reliability and impacts to customer bills are considered. Benchmarks for Rural Electric Co-ops • 100% zero carbon resources by 2050 • At least 80% renewable resources by 2050, with

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Renewable Energy Overview

New Mexico''s world-class renewable resources are yielding substantial economic and environmental benefits for the state. These links provide more detailed information: Geothermal Energy; Solar Energy Solar Rights Act; Wind Energy; Energy Storage . ECMD''s renewable energy initiatives involve both "distributed-scale" and "utility

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UPDATE

Nov 1, 2024· The New Mexico House of Representatives has passed the so-called Energy Transmission Act, calling for an increase in the state''s renewable portfolio standard (RPS) to 80% by 2040 and 100% carbon-free generation for public utilities five years later.

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HB0176

HOUSE BILL 176. 55th legislature - STATE OF NEW MEXICO - first session, 2021. INTRODUCED BY. Rod Montoya and James R.J. Strickler and T. Ryan Lane and Joshua N. Hernandez and William "Bill" R. Rehm. AN ACT. RELATING TO UTILITIES; PROVIDING THAT COMPLIANCE WITH RENEWABLE PORTFOLIO STANDARDS SHALL NOT RESULT IN AN

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Electricity for West Texas and Southern New Mexico | El Paso

Oct 6, 2023· The New Mexico Renewable Energy Act (REA) requires EPE to meet 40% of its New Mexico retail energy sales with renewable energy resources beginning in 2025, increasing to 50% in 2030. Only renewable energy that is delivered to EPE and assigned to New Mexico customers is eligible for RPS requirements under the REA.

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New Mexico Economic Development Department Finalizes

The 2019 Energy Transition Act (ETA) established a statewide target for investor-owned utilities and rural electric cooperatives to achieve 50 percent renewable energy by 2030 and 80

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A Strategic Plan for Investment in New Mexico Renewable

Feb 20, 2020· a preliminary matter, Council Members must consider whether to accept and act upon the two fundamental assumptions behind this plan. The first assumption, that the New Mexico renewable energy industry is a growth i ndustry, is a type of on New Mexico renewable energy, and thus over -weighting New Mexico renewable energy investment

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2024 PRC REPORT TO THE LEGISLATURE ON THE

Jul 1, 2024· This change is one result of the amendments to the Renewable Energy Act (REA) in 2019, which (EPE) diverting energy and corresponding RECs to New Mexico customers from energy initially allocated to its Texas customers. 6. Table 1: Utility RPS Projected Compliance 2024 and 2025. 7. Metric . Year . PNM . SPS . EPE . RECs Required (GWh) 2024

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2023 RFP for Renewable Energy for New Mexico

Oct 6, 2023· The New Mexico Renewable Energy Act (REA) requires EPE to meet 40% of its New Mexico retail energy sales with renewable energy resources beginning in 2025, increasing to 50% in 2030. Only renewable energy that is delivered to EPE and assigned to New Mexico customers is eligible for RPS requirements under the REA.

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New Mexico Aims To Be Fossil-Fuel Free By 2045, Despite Oil Boom

Mar 13, 2019· New Mexico lawmakers passed a bill this week mandating state utilities use 100 percent renewable energy by 2045. Meanwhile, oil production in the southeast corner of the state is breaking records.

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Energy Facts: Impact of the Investing in America Agenda on New Mexico

Aug 9, 2023· New Mexico has a statewide goal of 100% carbon-free electricity by 2045. Currently, New Mexico has over 5.2 GW of solar, wind, and storage capacity, making it the eleventh largest generator of renewable electricity in the nation. There is 1.1 GW of additional planned clean energy capacity in the works in the state, enough to power more than 157,000

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New Mexico Renewable Energy Overview

Efficient Use of Energy Act ; Regulatory Policy . Public Benefits Fund ; 4/24/2006 . Building Energy Code ; Regulatory Policy . Building Energy Code ; 7/31/2006 . tribal renewable energy workshop series, new mexico, renewable energy overview Created Date: 8/17/2015 9:54:25 AM

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New Mexico Renewable Energy Transmission Authority

Sep 1, 2023· New Mexico . Renewable Energy Transmission Authority . Presentation to . Science, Technology and Telecommunications Committee . Fernando Martinez. Executive Director. September 1, 2023. Energy Transition Act Increasing RPS targets, 80% in 2040 No transmission planning required

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New Mexico Climate Strategy

1,395 MW of New Renewable Power Generation Since 2019 A total of 1,395 megawatts (MW) of renewable power generation came online in New Mexico between March 2019 and the end of 2021—more than double the growth in renewable generation in the two years prior. Approximately 40% of this energy is used in New Mexico, and the other 60% is exported.

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About New mexico renewable energy act

About New mexico renewable energy act

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