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PLACE · US STATE
3 tracked projects and 1 tracked company based here.
Projects
3
1 operating
Power
165 MW
announced and built
Storage
—
energy capacity
Project capital
$40M
closed or awarded
Companies
1
headquartered here
Public $0Private $40M
Company-wide raises are listed but not counted in totals.
STEP 3/3 · WATCH Copper-intensive technologiesMagnet coils and stabilizers; also every grid and transmission project.
STEP 2/5 · SECURE Next-gen geothermal gets bankable offtakeLong-term contracts let developers raise project debt.
Critical inputs
Policy that applies
Developers
Buyers
El Paso ElectricTX · NM
2025 IRP (New Mexico Integrated Resource Plan for the Period 2026-2045)Filed with the NMPRC Sept 2, 2025. Stakeholder process facilitated by Gridworks; facilitator report dated Sept 30, 2025 (cited in an Oct 13, 2026 PRC filing). Action Plan in progress: DR/DER pilot filed Apr 20, 2026; all-source RFP issued May 18, 2026. No NMPRC decision on the 2025 IRP found in sources.
NEXT: Evaluation of responses to the May 2026 all-source RFP and continued Action Plan implementation; no dated IRP milestone found in sources
CHECKED Nov 4, 2026
PNMNM
2026 IRP (covers 2026-2045)Filed with the NMPRC on September 1, 2026 after a facilitated stakeholder process; PNM filed a related Oct 13, 2026 stakeholder process report. No NMPRC decision on the 2026 IRP found in sources as of Nov 4, 2026.
NEXT: NMPRC review and decision on the 2026 IRP (no date found in sources)
CHECKED Nov 4, 2026pnm.compnm.comgridworks.org
Southwestern Public Service (Xcel Energy)TX · NM
2026 IRP (New Mexico 2027-2046 Integrated Resource Plan), filed with NMPRC October 23, 2026Filed with the New Mexico Public Regulation Commission on October 23, 2026, after a stakeholder process facilitated by Gridworks. SPS asked for a procedural variance to use a four-year action plan instead of three; the Commission issued an order on October 19, 2026 granting a deadline extension. I found no ruling on the four-year variance request. The Commission has not yet acted on the IRP itself.
NEXT: NMPRC review of the 2026 IRP, including a ruling on SPS's request for a four-year action plan variance; SPS also plans a Phase II competitive solicitation RFP (expected Q3 2026 per Q2 earnings) and project CCN filings expected late 2026 or early 2027.
CHECKED Nov 4, 2026xcelenergy.comxcelenergy.comgridworks.org