The Energy Mix

Top Menu

  • About
  • Latest Digest/Archive
  • Partners
  • Which Energy Mix is this?
  • Contact

Main Menu

  • News Archive by Category
    • Climate & Society
      • Carbon Levels & Measurement
      • Carbon-Free Transition
      • Climate Action/”Blockadia”
      • Climate Denial & Greenwashing
      • Climate Policy/Meetings/Negotiations
      • Culture, Curiosities, & Humour
      • Demographics
      • Energy Politics
      • Energy Subsidies
      • Energy/Carbon Pricing & Economics
      • Finance & Investment
      • First Peoples
      • Insurance & Liability
      • International Agencies & Studies
      • Jobs & Training
      • Legal & Regulatory
      • Media, Messaging, & Public Opinion
      • Methane
      • Travel, Leisure & Recreation
    • Climate Impacts & Adaptation
      • Biodiversity & Habitat
      • Drought, Famine & Wildfires
      • Food Security
      • Forests & Deforestation
      • Health & Safety
      • Heat & Temperature
      • Human Rights & Migration
      • Ice Loss & Sea Level Rise
      • International Security & War
      • Severe Storms & Flooding
      • Soil & Natural Sequestration
      • Water
    • Demand & Distribution
      • Air & Marine
      • Auto & Alternative Vehicles
      • Batteries/Storage
      • Buildings
      • Cities
      • Electricity Grid
      • Energy Access & Equity
      • Off-Grid
      • Petrochemicals & Plastics
      • Supply Chains & Consumption
      • Transit
      • Walking & Biking
    • Jurisdictions
      • Africa
      • Arctic & Antarctica
      • Asia
      • Australia
      • Brazil
      • Canada
      • China
      • Europe
      • India
      • International
      • Mexico, Caribbean & Latin America
      • Middle East
      • Oceans
      • Small Island States
      • South & Central America
      • Sub-National Governments
      • United States
    • Non-Renewable Energy
      • CCS & Negative Emissions
      • Coal
      • Nuclear
      • Oil & Gas
      • Pipelines/Rail Transport
      • Shale & Fracking
      • Tar Sands/Oil Sands
    • Opinion & Analysis
    • Renewable Energy
      • Bioenergy
      • Demand & Efficiency
      • General Renewables
      • Geothermal
      • Hydrogen
      • Hydropower
      • Research & Development
      • Solar
      • Wave & Tidal
      • Wind
  • Special Reports
    • Alberta’s Bitumen Pipe Dream
    • Canada’s Drive to Net Zero
    • Carbon Farming
    • City and Sub-National Action
    • Drawdown
    • Drive to 1.5
    • 26-Week Climate Transition Program for Canada
    • America’s Electoral Climate 2020
    • Canada’s Climate Change Election 2019
    • The Energy Mix Yearbook 2018
      • Climate Extremes
      • Fossils Go For Broke
      • Renewables (R)Evolution
      • Electric Vehicles
      • Canada’s Contradiction
      • COP24
      • Pipeline Politics
      • Jobs and Just Transition
      • Cities and Sub-Nationals
      • Finance and Divestment
      • Climate Litigation
  • Webinars & Podcasts
  • About
  • Latest Digest/Archive
  • Partners
  • Which Energy Mix is this?
  • Contact
  • Subscribe
  • Donate

logo

  • News Archive by Category
    • Climate & Society
      • Carbon Levels & Measurement
      • Carbon-Free Transition
      • Climate Action/”Blockadia”
      • Climate Denial & Greenwashing
      • Climate Policy/Meetings/Negotiations
      • Culture, Curiosities, & Humour
      • Demographics
      • Energy Politics
      • Energy Subsidies
      • Energy/Carbon Pricing & Economics
      • Finance & Investment
      • First Peoples
      • Insurance & Liability
      • International Agencies & Studies
      • Jobs & Training
      • Legal & Regulatory
      • Media, Messaging, & Public Opinion
      • Methane
      • Travel, Leisure & Recreation
    • Climate Impacts & Adaptation
      • Biodiversity & Habitat
      • Drought, Famine & Wildfires
      • Food Security
      • Forests & Deforestation
      • Health & Safety
      • Heat & Temperature
      • Human Rights & Migration
      • Ice Loss & Sea Level Rise
      • International Security & War
      • Severe Storms & Flooding
      • Soil & Natural Sequestration
      • Water
    • Demand & Distribution
      • Air & Marine
      • Auto & Alternative Vehicles
      • Batteries/Storage
      • Buildings
      • Cities
      • Electricity Grid
      • Energy Access & Equity
      • Off-Grid
      • Petrochemicals & Plastics
      • Supply Chains & Consumption
      • Transit
      • Walking & Biking
    • Jurisdictions
      • Africa
      • Arctic & Antarctica
      • Asia
      • Australia
      • Brazil
      • Canada
      • China
      • Europe
      • India
      • International
      • Mexico, Caribbean & Latin America
      • Middle East
      • Oceans
      • Small Island States
      • South & Central America
      • Sub-National Governments
      • United States
    • Non-Renewable Energy
      • CCS & Negative Emissions
      • Coal
      • Nuclear
      • Oil & Gas
      • Pipelines/Rail Transport
      • Shale & Fracking
      • Tar Sands/Oil Sands
    • Opinion & Analysis
    • Renewable Energy
      • Bioenergy
      • Demand & Efficiency
      • General Renewables
      • Geothermal
      • Hydrogen
      • Hydropower
      • Research & Development
      • Solar
      • Wave & Tidal
      • Wind
  • Special Reports
    • Alberta’s Bitumen Pipe Dream
    • Canada’s Drive to Net Zero
    • Carbon Farming
    • City and Sub-National Action
    • Drawdown
    • Drive to 1.5
    • 26-Week Climate Transition Program for Canada
    • America’s Electoral Climate 2020
    • Canada’s Climate Change Election 2019
    • The Energy Mix Yearbook 2018
      • Climate Extremes
      • Fossils Go For Broke
      • Renewables (R)Evolution
      • Electric Vehicles
      • Canada’s Contradiction
      • COP24
      • Pipeline Politics
      • Jobs and Just Transition
      • Cities and Sub-Nationals
      • Finance and Divestment
      • Climate Litigation
  • Webinars & Podcasts
Advanced Search
Batteries/StorageElectricity GridEnergy/Carbon Pricing & EconomicsFinance & InvestmentLegal & RegulatoryOil & GasSolarSub-National GovernmentsUnited States
Home›Demand & Distribution›Batteries/Storage›1.5¢ Per Kilowatt-Hour: New Mexico Solar Project to Deliver Power at Record-Low Price

1.5¢ Per Kilowatt-Hour: New Mexico Solar Project to Deliver Power at Record-Low Price

May 18, 2020
May 18, 2020
 
112
0
Share:
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  Print This Story
jaidee/pixabay

A state regulator has approved two new projects that will deliver electricity in southern New Mexico and west Texas at the record-low prices of just US1.5¢ per kilowatt-hour for solar and 2.1¢ for solar plus storage.

Following the ruling by the New Mexico Public Regulatory Commission, the 100-megawatt Hecate project in Santa Teresa and the 100-MW solar/50-MW storage Buena Vista project in Otero County will go into service in 2022, Utility Dive reports. “The low prices are noteworthy, particularly $14.99 per megawatt-hour for the Hecate project,” said Coalition for Clean Affordable Energy attorney Stephanie Dzur.

Like this story? Subscribe to The Energy Mix and never miss an edition of our free e-digest.

SUBSCRIBE

Local utility El Paso Electric, facing a requirement to buy 20% of its retail electricity sales from renewable sources by this year, had originally proposed three power purchase agreements. The regulator rejected the Canutillo project in Texas, which carried a price tag of 6.94¢/kWh. The utility also wants to add a 228-megawatt natural gas unit to an existing power plant in Texas.

Last year, New Mexico legislators adopted a 2045 deadline to produce all the state’s electricity from carbon-free sources. The state currently has 905 MW of installed solar capacity, according to the Solar Energy Industries Association, and has seen prices fall 38% over the last five years.

Share:
  •  
  •  
  •  
  •  
  •  
  •  
  •  
  Print This Story

Find more stories about
Batteries/StorageElectricity GridEnergy/Carbon Pricing & EconomicsFinance & InvestmentLegal & RegulatoryOil & GasSolarSub-National GovernmentsUnited States

    Leave a reply Cancel reply

    Recent Posts

    • Fossils Create Less than 1% of Canadian Jobs, Making 20-Year Phaseout ‘Very Feasible’, Study Concludes
      Fossils Create Less than 1% of Canadian Jobs, Making 20-Year Phaseout ‘Very Feasible’, Study Concludes
      January 20, 2021
    • Biden Brings a Policy ‘Sea Change’, Podesta Tells GreenPAC Webinar
      Biden Brings a Policy ‘Sea Change’, Podesta Tells GreenPAC Webinar
      January 20, 2021
    • Campaign Promises, Cabinet and Senate Leadership Put Climate at Centre of Biden Agenda
      Campaign Promises, Cabinet and Senate Leadership Put Climate at Centre of Biden Agenda
      January 20, 2021
    • TC Energy Touts ‘Zero-Emissions’ Plan, Kenney Threatens Court Action as Keystone Cancellation Looms
      TC Energy Touts ‘Zero-Emissions’ Plan, Kenney Threatens Court Action as Keystone Cancellation Looms
      January 20, 2021
    • Alberta Cancels 11 Coal Leases, Allows Development on 420,000 Hectares after Petitions Gather 100,000 Signatures [Sign-Ons]
      Alberta Cancels 11 Coal Leases, Allows Development on 420,000 Hectares after Petitions Gather 100,000 Signatures [Sign-Ons]
      January 20, 2021

    News Feed

    Top News

    • Three European Countries Take Lead on Zero-Emission Buses
      January 19, 2021
    • Massachusetts Governor Vetoes 2050 Net-Zero Law
      January 19, 2021

    Read More

    Carbon-Free Transition

    • Three European Countries Take Lead on Zero-Emission Buses
      January 19, 2021
    • Qatar Investment Fund, Colossal Fossil Enel to Fund Renewables Push in Africa
      January 19, 2021

    Read More

    Canada

    • Muskrat Falls Hydro Megaproject Gets $844M in Federal Debt Deferrals
      January 19, 2021
    • Delay of Calgary’s Green Line LRT Could Cost Tens of Millions: Nenshi
      January 19, 2021

    Read More

    U.S.

    • Massachusetts Governor Vetoes 2050 Net-Zero Law
      January 19, 2021
    • Virginia’s 100% Clean Energy Law Won’t Deliver Full Decarbonization
      January 19, 2021

    Read More

    International

    • Transition Off Carbon Could Disrupt 10 Million UK Jobs
      January 19, 2021
    • Investors’ Group Supports Mandatory Annual Climate Votes at Corporate AGMs
      January 19, 2021

    Read More

    • About the Energy Mix
    • Contact
    • Privacy Policy and Copyright
    Copyright 2020 © Smarter Shift Inc. and Energy Mix Productions Inc. All rights reserved.