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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] Small-scale solar including customer-owned photovoltaic panels delivered net 702 GWh to New Mexico's electricity grid in 2023.
The Four Corners Generating Station was constructed on property that was leased from the Navajo Nation in a renegotiated agreement that will expire in 2041. [6] Unit 1 and unit 2 were completed in 1963, unit 3 was completed in 1964, unit 4 was completed in 1969, and unit 5 was completed in 1970.
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 ...
Apr. 25—New Mexico is set to receive $156 million for various solar energy projects, largely intended to help low-income residents, as part of the federal Inflation Reduction Act. The spending ...
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Four Corners is a region of the Southwestern United States consisting of the southwestern corner of Colorado, southeastern corner of Utah, northeastern corner of Arizona, and northwestern corner of New Mexico. Most of the Four Corners region belongs to semi-autonomous Native American nations, the largest of which is the Navajo Nation, followed ...
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