The all-source RFP is consistent with resource needs identified through PNM’s 2023 Integrated Resource Plan, which identifies a range of 900 – 2,900 megawatts of new capacity needed by 2032, depending on the type of resources selected.
PNM has been integrating new resources to its portfolio, growing its capacity from 2,816 megawatts in 2020 to 4,268 megawatts in 2024, to match the growth in system demand and the transition to carbon-free resources. New solar, wind and battery storage capacity has…
