in News Departments > FYI
print the content item

New Mexico's Renewable Energy Transmission Authority (RETA) recently held its first meeting to discuss how to legally organize and move forward as an entity. In addition to forming committees for human resources, bylaws and legal structure, and budget and finance, RETA says it authorized the Energy, Minerals and Natural Resources Department to provide interim administrative support to RETA.

Under the March 2007 Renewable Energy Transmission Authority Act, RETA's mandate is to plan, finance, build and operate new electricity transmission lines for power that draws at least 30% of its energy from renewable sources. It also has the ability to develop energy storage projects, such as compressed-air storage for wind power.

RETA will meet again on Oct. 10 in Santa Fe, N.M.


Trachte Inc._id1770
Latest Top Stories

Recapping The Wind Industry's Third-Quarter Deals

Mercom Capital Group recaps investment and merger and acquisition activity during July, August and September.


Yearly Installed Capacity Figures Already Beat 2013 Numbers, More Wind On The Way: AWEA

While the American Wind Energy Association (AWEA) lobbies Congress to extend the production tax credit, the association notes wind projects now under construction signal a vibrant 2015.


Yahoo Inks Contract To Buy Kansas Wind Power

The Internet company plans to log in to the Alexander wind project, which is being built by community developer OwnEnergy.


Could Initial Offshore Wind Projects Crash New England's REC Market?

Some are concerned that the first offshore wind projects could negatively impact pricing of renewable energy credits (RECs) in New England.


Catching Up With The DOE's Down-Select Offshore Winners

The three recipients of key U.S. Department of Energy (DOE) funding provide updates on their offshore wind demonstration projects.

Renewable NRG_id1934
Canwea_id1984
Hybrid Energy Innovations 2015