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November 21, 2024

New Mexico Public Regulation Commission (NM PRC)

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NM PRC Issues ‘Guiding Principles’ for Electricity Market Participation
The Public Regulation Commission voted 3-0 to adopt the guiding principles which emphasize customer benefits, transparency, stakeholder involvement and tracking of greenhouse gas emissions.
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Customer Benefits Must Drive Market Decisions, NM Commissioner Says
Utilities should put customer benefits first when deciding on which Western day-ahead electricity market to join, New Mexico Commissioner Gabriel Aguilera said.
WER Architects-Planners
Regulators Get Look into Monitoring Plans for Markets+

Western regulators on the Markets+ State Committee probed an SPP Market Monitoring Unit official on how the department plans to address implementation of the new day-ahead market.

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Regulators Who Launched Pathways Praise Western ‘RO’ Plan
State utility commissioners who launched the West-Wide Governance Pathways Initiative in July 2023 have praised the initiative’s “Step 2” proposal to create a “regional organization.”
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WECC, Members Grapple with Strategic Vision
A proposed update to WECC’s long-term strategy has sparked a debate over whether the organization should describe itself as “The Voice of Reliability in the West.”
The Brattle Group
Brattle New Mexico Study Shows EDAM Benefits Outpacing Markets+
A new study may dispel the notion that New Mexico utilities must follow the day-ahead market choice of their Arizona counterparts in order to realize benefits from market participation.
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New Mexico Plots Next Steps for Day-ahead Market Decisions
As a next step in deciding which of two competing Western day-ahead markets to join, two of the state's utilities are commissioning a study of transfer capability under different market scenarios.
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Western Officials Get Rundown on ‘Irritating, Inefficient’ Market Seams
Utility staff charged with managing real-time operations will be equipped to deal with the seams between two Western day-ahead markets, but the situation will be far from ideal, Western state energy officials heard at the CREPC-WIRAB spring conference.
PNM
Regulators Approve PNM IRP Despite Staff Criticism
New Mexico commissioners voted to accept PNM's 2023 integrated resource plan despite concerns about an escalation in costs and resources since the 2020 IRP.
CAISO
NM Utilities to Pursue More Analysis Before Day-ahead Decision
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.

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