Governor Announces Record Levels Of Energy Diversification In New Mexico

Gov. Susana Martinez
 
STATE News:
 
SANTA FE Gov. Susana Martinez has announced, for the first time ever, in the first two months of 2018 renewable energy accounted for over 30 percent of the state’s electricity generation.
 
This diversification of New Mexico’s energy sector can be attributed to the Governor’s “all of the above” energy policy plan which was unveiled in 2015 – New Mexico’s first energy policy in nearly 25 years. ​
 
“This balanced and diverse mix of energy generation is proof our ‘all of the above’ approach to harnessing New Mexico’s energy resources is working,” Martinez said. “This diversification of our energy portfolio cements New Mexico’s status as an energy leader as our energy policies continue to create jobs, diversify and grow our economy and move our nation toward energy independence.”
 
Since being unveiled in 2015, the Energy, Minerals and Natural Resources Department has been implementing the policy and plan – The State Energy Policy & Implementation Plan, ‘Seizing our Energy Potential: Creating a More Diverse Economy in New Mexico.’ In addition to accounting for 30 percent of total electricity generation, renewable energy generation also ranked second in energy generation the first two months of 2018 – surpassing natural gas-fired generation in January and coal-fired generation in February.
 
“This is a turning point for New Mexico, as alternative energy is becoming mainstream,” said Energy, Minerals and Natural Resources Cabinet Secretary Ken McQueen. “Early 2018 will now be remembered as the period when the state’s three main sources of power generation – coal, gas and renewables – reached parity.”
 
Additionally, in June 2017, part of the plan – the State Energy Roadmap – was started to determine future scenarios of the state’s energy landscape.
 
Energy professionals and regulatory agency representatives gathered throughout the year, working on goals and strategies to be carried out by energy stakeholders in 2018 and beyond in order to further diversify and strengthen the state’s energy economy.
 
In 2015, Governor Susana Martinez developed the State Energy Policy & Implementation Plan which was New Mexico’s first energy policy and plan in nearly 25 years, with the primary purpose of harnessing New Mexico’s abundant resources in a way that grows the state’s economy. New Mexico is endowed with nearly every non-renewable and renewable energy resource with great efficiency potential – oil, natural gas, coal, uranium, solar, wind, geothermal and biomass. Also, under Governor Martinez’s leadership oil production in the state has doubled. In fact, in 2017 New Mexico produced a record 470,000 barrels a day – helping to fuel New Mexico’s economy.
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