Investor Presentaiton
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Recommended Replacement Power Scenario Details
Competitive RFP processes resulted in a cost-effective mix of resources owned by PNM
and third-party providers
To manage the risks of integrating new battery storage technology, total storage capacity
does not exceed 5% of peak load and the capacity at each location is limited to 40 MW
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PNM Owned Resources
280 MW Gas Peaking
Units at San Juan
$191M investment
in-service June 2022
40 MW Storage
$50M investment
in-service June 2022
30 MW Storage
$37M investment
in-service June 2022
Total 350 MW
Third Party Resources
300 MW Solar PPA +
40 MW Storage ESA
$20M transmission investment
begins June 2022
50 MW Solar PPA +
20 MW Storage ESA
begins Jan 2022
Total 410 MW
Note: All potential replacement power scenarios incorporated 140 MW wind energy PPA included in June 3, 2019 RPS Filing
PNMResources
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