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The PRC met today and I continue to be impressed with the hard work of the commissioners and the very able staff. As a point of interest, the NM PRC is elected while the PRC in TX is appointed.
As El Paso Electric is applying to both the NM and TX PRCs for approval for a new plant, this distinction came out. The TX PRC approved the new plant, while NM PRC had many questions/concerns and did not just "rubber stamp" TX.
As we know, NM is moving to renewable energy which means that
wind farms/solar fields could be built in, say, Torrance or
Valencia Counties, but then the transmission lines to ABQ would
have to be built as well. A conflict is that few people want the
transmission lines, but they will come with renewable energy. I
am expecting that the PRC or the utility building the renewable
field will get eminent domain to get access to land to build the
lines.
I read the daily GTM news letter and here are some articles that might be of interest.
Kit Carson Power, in Taos, an electric coop, used Guzman to supply solar power so it could drop coal produced electric power. There are around a dozen electric coops in NM serving largely rural areas where distribution of power is less likely to occur.
In addition to Taos, Farmington and Socorro are served by coops.
Hynudai is a very large Korean conglomerate. It is a good sign that the company is expanding its role in renewable power. Keep in mind that Avangrid, who will acquire PNM, is owned by a large Spanish renewable company.
Clean Energy Funding Finds Its Way Into Congressional Spending Bill | Greentech Media
Congress may/may not pass the bill now, but it does appear to be supporting clean energy.
Electric Vehicles and the Power Grid: Roadmaps From California and New York | Greentech Media
Electric vehicles are coming, from GM, F and Chrysler, so perhaps in a few years, you might own one.
As electric vehicles are recharged at night, when rates are lower, all consumers will benefit.
Southeastern Utilities Launch Plan for Regional Energy-Trading Market | Greentech Media
As more utilities move to renewable energy, there will be a need to trade power, which will make the production of power more efficient.
Swell Readies $450M in Financing for Solar-Plus-Battery Virtual Power Plants | Greentech Media
Renewable power will need batteries to store power not needed at that moment for future use.
Better batteries, with days of storage capability, are under development.
Have a great week,
George Richmond
-- George M. Richmond 152 Juniper Hill Road, NE Albuquerque, NM 87122-1913 C: 505-280-2105 E: geomrich1@comcast.net