Investor-owned utility (IOU) Southwestern Public Service Company (SPS) is seeking approval from the New Mexico Public Regulation Commission (NMPRC) to construct a new eight-project portfolio of self-build energy assets.
The Senate of New Mexico has passed a bill, which will require investor-owned utilities to have 2GW/7GWh of energy storage online by 2034, the second such move by a US state this week.
Electricity from 100MW of energy storage facilities will be purchased by US public utility company El Paso Electric, following a competitive solicitation process.
