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New Mexico's PNM charts course to decarbonization by 2040 in first IRP since setting emissions goal


Dive Brief:
This is the first roadmap the utility filed since announcing a clean energy goal and an accelerated exit from coal generation, which PNM director of integrated resource planning Nick Phillips said is set to take place by 2024. The IRP lays out several potential paths to full decarbonization by 2040 as PNM retires its gas generators over the course of the late 2020s and the 2030s.
However, environmental groups say the plan does not actually achieve true decarbonization, with the Sierra Club criticizing PNM s decision to sell its interests in the Four Corners coal plant. The sale, according to senior attorney Matthew Gerhart, may serve to prolong the plant s operations. ....

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