Public Service Company of New Mexico is one of only nine U.S. power companies with stated goals of 100 percent decarbonization of power production, according to the Smart Electric Power Alliance.
The company targets 2040 to reach 100 percent emission-free electricity. PNM’s goal is the third-soonest commitment among power companies, behind Green Mountain Power in Vermont pledging a 100 percent carbon-free energy supply by 2025 and Platte River Power Authority in Fort Collins, Colo., pledging the same for 2030, according to the power alliance’s decarbonization tracker.
“We are pleased to see PNM’s commitment and look forward to the collaboration ahead necessary to create practical, pragmatic plans that will make the vision a reality,” power alliance President and CEO Julia Hamm said in an email.
SEPA also tracks states’ commitment to emission reduction and renewable energy goals. New Mexico is the most recent among the 23 states to have such goals. New Mexico is among only seven states and Washington, D.C., to make a commitment to 100 percent renewable or clean energy.
The power alliance is a Washington, D.C.-based educational nonprofit organization made up largely of electric utilities and technology companies whose mission is to facilitate the power sector’s transition to a cleaner energy future.
The first 15 states set emission reduction and/or renewable energy goals between 2003 and 2009. The next eight states and Washington, D.C., did not following suit until the 2014-19 time frame, with New Mexico coming on board this year. But New Mexico is among the early states with its goal for 100 percent carbon-free energy for utility companies by 2045.
“We witnessed a tipping point in 2018, with utilities of all shapes and sizes beginning to make announcements of visions that articulate the need to decarbonize the electricity sector,” Hamm said.
PNM plans to beat the state’s goal by five years.
Power companies with high goals
The other power companies with 100 percent goals are:
• Austin Energy, Austin, Texas – carbon-free electricity by 2050
• Avista, Spokane, Wash. – carbon-free electricity by 2045
• Green Mountain Power, Colchester, Vt. – carbon-free electricity by 2025
• Idaho Power, Boise, Idaho – 100 percent clean energy by 2045
• MidAmerican Energy, Des Moines, Iowa – 100 percent renewable energy by 2021 but no official goal for carbon free
• New York Power Authority, White Plains, N.Y – carbon-free electricity by 2040
• Platte River Power Authority, Fort Collins, Colo. – carbon-free electricity by 2030
• Xcel Energy, Minneapolis (electric and natural gas customers in Minnesota, Michigan, Wisconsin, North Dakota, South Dakota, Colorado, Texas and wind power generation in southeast New Mexico) – carbon-free energy by 2050
States (including the District of Columbia and Puerto Rico) with a 100 percent target for clean or renewable energy:
• New Mexico: 100 percent carbon-free energy for utility companies by 2045
• Washington, D.C.: 100 percent clean, renewable energy by 2032
• Hawaii: 100 percent renewable by 2045
• New Jersey: 100 percent clean energy by 2050
• Puerto Rico: 100 percent renewable energy by 2050
• California: 100 percent renewable electricity by 2045
• Nevada: 100 percent clean energy by 2050
• Washington: 100 percent clean electricity generation by 2045
Source: Smart Electric Power Alliance