New Mexico Public Regulation Commission (NM PRC)
PNM Resources
The New Mexico utility announced its intention to join CAISO’s Extended Day-Ahead Market, extending EDAM’s reach farther into the Desert Southwest in its latest victory over SPP’s Markets+.
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SPP’s Board of Directors has approved the RTO’s 2025 operating and capital budgets and its net revenue requirement following a unanimous endorsement by the Members Committee.
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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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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
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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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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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
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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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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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.
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