Jul 20, 2011

PNM Tries to Hold Down Costs Enviornmentalists Object

Canadian Business - New Mexico's largest electric utility has a plan for meeting future demand, and it includes new natural gas power plants, more renewable energy and greater efficiency. Public Service Company of New Mexico filed its latest resource plan with the state Public Regulation Commission on Monday, but environmental groups said Tuesday they will likely file objections with the panel. Of the more than 1,100 megawatts of new resources PNM will need to serve customers by 2030, it said more than half will come from new small-scale natural gas power plants. Read full story here: News New Mexico

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