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ERCOT meeting raises questions about Abbott's role in power pricing debacle

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Governor Greg Abbott speaks at the state capitol concerning the latest developments statewide in the coronavirus issue on March. 13, 2020.Tom Reel, San Antonio Express-News / Staff photographer
Texas Gov. Greg Abbott dispatched a top aide to the ERCOT operations center on the night the grid operator made the controversial decision to leave electricity prices at maximum levels a move blamed for creating a multi-billion dollar mess.
Abbott has squarely placed the blame for the blackout boondoggle on ERCOT, which operates the power grid, and called for its CEO to resign right after the lights started coming back on across Texas on Thursday, Feb. 18. The ERCOT board eventually fired its CEO. ....

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PNM and Avangrid merger receives key approval, new benefits for customers and New Mexico outlined in filing

PNM and Avangrid merger receives key approval, new benefits for customers and New Mexico outlined in filing
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PNM and Avangrid File Stipulation in New Mexico

PNM and Avangrid File Stipulation in New Mexico
Partial settlement enhances and builds upon merger application to provide significant benefits to customers and state; Merger on track to close in second half of 2021
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ALBUQUERQUE, N.M., April 21, 2021 /PRNewswire/ PNM Resources, Inc. (NYSE: PNM) wholly-owned New Mexico subsidiary, Public Service Company of New Mexico (PNM), and Avangrid filed a stipulation in its merger application before the New Mexico Public Regulation Commission (NMPRC) with the New Mexico Attorney General, Western Resource Advocates, International Brotherhood of Electrical Workers Local 611, Dine Citizens Against Ruining Our Environment, Nava Education Project, San Juan Citizens Alliance, and To Nizhoni Ani. This agreement among a diverse set of parties enhances and builds upon the commitments in the original merger application to benefit customers and the state of New Mexico. ....

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PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant

PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant
- New plans among plant owners moves Four Corners Power Plant to seasonal operations beginning in the fall of 2023, reducing annual carbon emissions by 20% - 25%
- Continued plan for PNM to exit plant and transfer 13% ownership at the end of 2024 results in significant customer savings
- Environmental benefits provide additional support for abandonment and securitization filing
- Customer savings, community support and environmental benefits demonstrate comprehensive approach to Environmental, Social, Governance (ESG) Strategy
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ALBUQUERQUE, N.M., March 12, 2021 /PRNewswire/ PNM, the wholly-owned New Mexico utility subsidiary of PNM Resources (NYSE: PNM), has enhanced its plan to exit the coal-fired Four Corners Power Plant with additional plans for seasonal operations at the plant beginning in the ....

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PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant

PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant
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