New Mexico

More News and Commentary

IEEFA Update (Corrected): Wind in the Wires, and More on the Way

30 States Have Projects Under Construction or in Advanced Development

Wind power is a rapidly growing source of electricity in the U.S., doubling its share of generation in just five years, to 4.9 percent in 2015. The declining cost of wind power, along with cheap natural gas, has put tremendous financial pressure on both coal-fired and nuclear power plants, and is changing the mix of fuels […]

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On the Blogs: Wind and Solar Have Gone Mainstream

Daniel Fleischmann for Renewable Energy World: Let’s consider wind, solar, and geothermal energy. In 1999, only 10 states generated a measurable amount of electricity from at least one of those three sources (i.e., at least one GWh, or enough to power 1,000 U.S. homes for a year). By 2015, every state generated a measurable amount […]

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El Paso Electric Portfolio Goes Coal Free

Vic Kolenc for the El Paso Times: While El Paso Electric officials are touting the environmental value of its coal-free energy portfolio, economics prompted the coal exit. The company several years ago did an economic analysis of whether it made sense to extend its Four Corners ownership agreement, or get out, when the 50-year agreement […]

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Coal Industry on the Brink in Arizona, Colorado, New Mexico and Utah

Where Is the Leadership to Help Families, Communities, and Economies Manage the Change?

It is past time for governors and legislators in the Rocky Mountain West to seriously plan for what they are going to do to help mining communities and families hit hard by the coal industry’s collapse. These leaders—in the six states from the Canadian border to Mexico—have been silent for too long. The coal-mining sector […]

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In New Mexico, Diversification Through Solar

Hannah Grover of the Farmington Daily Times: Solar energy is slowly gaining a foothold in San Juan County as local cities engage in renewable energy projects. From Bloomfield’s electric performance contract to Aztec’s solar field and Farmington’s community solar project, local governments are embracing renewable energy. The electric performance contract involved upgrading lighting on city […]

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More Questions on Bowie Resources Self-Bonding Pitch

Taylor Kuykendall for SNL: Concerns about coal companies’ ability to self-bond their environmental reclamation obligations are spreading with the latest battleground being staged by groups in New Mexico. A news release from the group New Energy Economy said it is warning the state of “risky” coal mine cleanup bonds. The groups are specifically targeting Bowie […]

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Divestiture Movement, Deepening Distress of Coal Industry, Emerging Battles Over Solar, Overbuilding of Shale Gas Pipelines Highlight IEEFA Energy Finance 2016 Conference in New York City

Panelists From Deutsche Bank, Moody’s, S&P Capital IQ, New York Mayor’s Office, CalSTRS, Massachusetts Attorney General’s Office, Bloomberg New Energy Finance, Norwegian Parliament

COLUMBIA UNIVERSITY, MARCH 14-16; EXPERTS FROM EUROPE, ASIA, AUSTRALIA,  AND THE AMERICAS NEW YORK, Feb. 29, 2016 — The Institute for Energy Economics and Financial Analysis (IEEFA) today announced a 2016 conference lineup that includes leading energy finance experts, industry regulators, institutional investors, activists, market analysts and commentators from around the world. The conference, Energy […]

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‘Stunning Collapse’ of Coal Industry Reveals the Risk to Taxpayers in Companies’ Self-Bonding Allowances

William Yardley for the Los Angeles Times: For four decades, mining companies have been required to repair land they mine to a form and function similar to its previous condition. The process is called reclamation, and, done well, it can be convincing. Some of the smoothest slopes and meadows here were shaped not by time […]

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