December 3, 2023

Public Service Company of New Mexico (PNM)

New Mexico Contemplates Organized Market Choice
When it comes to choosing between Western day-ahead market offerings, who else is participating in the market is a key consideration, a representative of a New Mexico utility said.
New Mexico Public Regulation Commission
NM Commission to Set Standards for RTO, Day-ahead Participation
State regulators have launched a process to develop “guiding principles” regarding participation in a regional day-ahead market or RTO.
Order 881 Timelines Need Explaining, FERC Says
FERC issued orders directing transmission providers to clarify their timelines for calculating and submitting ambient-adjusted line ratings under Order 881.
Public Service Co. of New Mexico Joins WRAP
Public Service Co. of New Mexico joined the Western Power Pool's Western Resource Adequacy Program, bringing the number of participants to 22.
WestConnect Tx Cost Allocation Plan Rejected by FERC
FERC rejected a proposed settlement intended to resolve a longstanding dispute over how to implement Order 1000 in the WestConnect planning region.
Sierra Club
Solar Supply Chain Issues Dog PNM Coal Plant Replacement Plan
PNM exhausted every alternative before postponing the retirement of the coal-fired San Juan plant until the end of this summer, a utility executive said.
FERC Opens Probes on Western Transmission Rate Protocols
FERC challenged the transmission formula rate protocols of five Western utilities, saying they lack sufficient transparency and customer protections.
Western EIM Nears $2B in Total Benefits
CAISO's Western Energy Imbalance Market hit a record $739 million in member benefits in 2021, putting its total close to $2 billion since it launched in 2014.
Camerafiend, CC BY-SA-3.0, via Wikimedia
FERC OKs $265,000 PNM Penalty
FERC approved a $265,000 settlement between WECC and the Public Service Company of New Mexico for violations of NERC's reliability standards.
Western EIM Sees Record Benefits in Q3
The Western Energy Imbalance Market racked up $301 million in benefits in the third quarter of 2021, surpassing or approaching yearly totals in 2019 and 2020.

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