Public Service Company of New Mexico is being told by a nonprofit that the utility will have to add nearly 1,400 MW of wind and solar power if it expects to become emissions-free by 2040.
New Mexico’s Energy Transition Act requires utilities to reach 40% renewables by 2025, 50% renewables by 2030, and 100% clean energy by 2045, with the final target subject to considerations of safety, reliability and customer bill impacts. PNM has set a goal to be emissions-free by 2040.
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