New Mexico Utility Adding Wind Solar And Geothermal To Its Power Mix

The utility (called "PNM" in the filing), for example, has a 20-year agreement to purchase energy and renewable energy credits (RECs) from the Lightning Dock Geothermal facility built near Lordsburg, N.M. The facility, which is the first geothermal project for the PNM system, began providing limited power to PNM on Jan. 1, 2014. The current capacity of the facility is 4 MW and future expansion may result in up to 10 MW of generation capacity. In June 2013, PNM entered into a 20-year power purchase agreement (PPA) with Red Mesa Wind LLC, a subsidiary of NextEra Energy Resources LLC, to purchase all of the power and RECs produced by Red Mesa Wind beginning on Jan. 1, 2015. Red Mesa Wind owns and operates the facility, which consists of 64 wind turbines having an aggregate capacity of 102 MW on a site west of Albuquerque, N.M. In 2011, PNM completed its first major utility-ow...