New Mexico
Despite the recent release of results from a study on the two competing day-ahead markets in the West, two New Mexico utilities said they need to conduct more analysis before they make a choice.
The New Mexico Public Regulation Commission will dive into a report on the financial implications of a Western day-ahead electricity market.
Avangrid has pulled the plug on its proposed $8.3 billion acquisition of PNM Resources, as final approval for the deal remains tied up at the New Mexico Supreme Court.
FERC issued an order ending a couple years of litigation over what Tri-State can charge its exiting members, picking a "Balance Sheet Approach" initially proposed by departing member United Power and then modified by commission staff.
The Bureau of Land Management is seeking public input on potential changes to about 673 miles of seven designated transmission corridors.
Economist Ken Costello says EVs are better off without mandates or subsidies — so that they are forced to compete with gas-powered vehicles on their own.
Many at the joint conference focused on the eventual result of the contest between CAISO's Extended Day-Ahead Market and SPP's Markets+ to organize the West's electricity market.
When it comes to choosing between Western day-ahead market offerings, who else is participating in the market is a key consideration, a representative of a New Mexico utility said.
State regulators have launched a process to develop “guiding principles” regarding participation in a regional day-ahead market or RTO.
While PNM awaits a court decision that could revive a merger with Avangrid, PNM officials say they’ll keep running the company like it’s a standalone business.
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