in News Departments > FYI
print the content item

The New Mexico Public Regulation Commission (PRC) voted 3-2 to set renewable energy diversification targets for electric utilities - a measure that follows a directive earlier this year from the state legislature that increased the state's renewable portfolio standard to 15% by 2015 and 20% by 2020.

According to the PRC's new rules, public utilities will be required to diversify their renewable energy portfolios so that they include at least 20% solar-generated power and 20% wind-generated power by 2011. At least 10% of the portfolio must come from biomass or geothermal sources, and 1.5% must be derived from distributed generation.

Utilities must now use the Western Renewable Energies Geographic Information Systems to track renewable energy certificates used to demonstrate compliance with the RPS.

Cooperatives will not be subject to the diversity targets in the new rule. In addition, the PRC says, utilities will be excused from the targets should costs of achieving them raise the cost of electricity by more than 2% or if diversification cannot be accomplished without impairing system reliability.


Trachte Inc._id1770
Latest Top Stories

Utility-Scale Wind And Solar Keep Getting Cheaper

A new study measures the levelized cost of energy from various technologies and suggests that the costs of utility-scale wind and solar power are catching up with those of traditional sources, even without subsidies.


The Song Remains The Same: Ontario Seeks More Science Before Lifting Offshore Ban

The Ontario government says the nearly four-year-old offshore wind moratorium will remain in place until the province fully understands the technology’s impact on the environment.


Why States Should Adopt A Renewable Portfolio Standard

A new study analyzes the potential benefits of state renewable energy mandates, as well as recommends what such policies should include.


Sen. Reid Vows To Bring Wind PTC To A Vote By Year's End

Nevada's senior senator provides some encouragement to wind industry advocates during his annual Clean Energy Summit.


Steadily, Wind Turbine OEMs Resume R&D Investment

An increased commitment to research and development will likely lead to wind energy innovation - not to mention a likely increase in patent-protected technology.

Canwea_id1984
Renewable NRG_id1934
Future Energy_id2008
UnitedEquip_id1995