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As of January 2012, no concentrated solar power (CSP) plants are currently planned for New Mexico since the addition of the first 6 MW in the state in 2011. Though NREL claims the state has the "technical potential" to install 4,860,000 MW of CSP covering 47% of the area of the state, at 2017 prices such a proposal would require a total overnight cost of $18,992,880,000,000 ($18 trillion), [11 ...
The second to be commissioned was the Queensland – New South Wales Interconnector (QNI) in early 2001. [8] The QNI initially had a capacity of 300 MW. With improvements to the electricity systems at either end, the capacity has more than doubled, and currently Queensland can export up to 1380 MW of electricity, or import up to 880 MW. [8]
Up until the end of 2016, New Mexico offered a 10% state tax credit for solar installations. The tax credit began in 2008. [5] Solar companies operating in New Mexico say they are okay to absorb the loss of the state tax credit, meaning that they don't believe it will affect their business.
The Permian Basin, in southeast New Mexico and West Texas, is the busiest oil and gas region in the U.S, producing about 6.2 million barrels of oil per day – the most among U.S. shale regions ...
They range from H.R. 729, which sets a net metering cap at 2% of forecasted aggregate customer peak demand, to H.R. 1945, which has no aggregate cap, but does limit residential users to 10 kW, a low limit compared to many states, such as New Mexico, with an 80,000 kW limit, or states such as Arizona, Colorado, New Jersey, and Ohio, which limit ...
Apr. 12—The state wants a Santa Fe judge to dismiss a major lawsuit that alleges oil and gas production and pollution allowed by New Mexico violates the Constitution. Arguments to allow the ...
The lawsuit argues the New Mexico Constitution “guarantees” New Mexicans to a “healthful and beautiful environment” requiring the State control pollution to prevent “despoiling” the ...
In 2022, New Mexico had a total summer capacity of 10,230 MW through all of its power plants, and a net generation of 40,889 GWh. [2] The electrical energy generation mix in 2023 was 38.7% wind, 35.2% natural gas, 19.1% coal and 6.5% solar PV. Biomass, geothermal, hydroelectric, and petroleum each generated less than a 0.5% share combined. [1]