2021 All Source RFP for Electric Power Supply and Load Management Resources for New Mexico
El Paso Electric seeks short- and long-term generating resources and renewable energy to serve New Mexico customers, with capacity needs growing from 40 MW in 2022 to 90–110 MW by 2025 and 175,000 MWh/year of renewable generation required by December 2024 to meet the state's 40% Renewable Portfolio Standard. The RFP covers both replacement capacity for retiring units and new renewable resources to meet projected demand across EPE's New Mexico jurisdiction.
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AI overview
El Paso Electric (EPE) is issuing an All Source Request for Proposal (RFP) to obtain both short-term and long-term generating resources and renewable energy for its New Mexico customers by 2025. The objective is to obtain renewable energy to meet New Mexico's increasing Renewable Portfolio Standard (RPS) and capacity required to meet projected New Mexico energy demand. The New Mexico RPS requires EPE to meet 40% of its New Mexico jurisdictional sales with renewable energy resources beginning in 2025. EPE's initial resource planning studies project a New Mexico capacity need of approximately 40 megawatts (MW) in 2022 growing up to 90 MW in 2024, with 90-110 MW of capacity needed to meet New Mexico customer's long-term energy demand in 2025. New generation is also necessary to offset EPE's planned retirements of older, less-efficient generating units. As part of New Mexico's RPS, EPE will also need a long-term resource that will generate approximately 175,000 megawatt hours (MWh) per year of additional renewable energy by December 2024.
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Proposal Document
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