Xcel Energy is required to file an Integrated Resource Plan (IRP) with the New Mexico Public Regulation Commission every three years. The IRP covers a 20-year planning period. Xcel Energy requested to file its IRP earlier than required by New Mexico rules to meet resource needs and address resource adequacy issues in a timely manner. So, Xcel Energy plans to file its IRP by Oct.16, 2023.
In November 2022, the New Mexico Public Regulation Commission (NMPRC) put new procedures (external link) in place for the state’s investor-owned electric utilities to follow to engage stakeholders in developing their 20-year Integrated Resource Plans (IRP). Xcel Energy will be filing their plan by Oct. 16th, 2023. The PRC appointed Gridworks (external link) as the independent facilitator to lead a stakeholder process intended to advise the utility and reach a potential agreement on two key elements of the IRP – the statement of need and action plan.
To learn more about Xcel Energy/SPS's IRP initiative process please visit Gridworks (external link).
If you want to participate in the IRP process, sign up to attend one or all of the IRP Stakeholder Engagement meetings.
|May 16||2 p.m. to 4:30 p.m.||Zoom||Orientation meeting. Begin creating a shared foundation of knowledge about the Xcel Energy system. Hear from stakeholders about how they would like to engage going forward. Share plan for next 5 months.||Register|
|June 1||2 p.m. to 4 p.m.||Zoom||Continue building a shared foundation of knowledge. Preview working group opportunities for upcoming workshops.||Register|
|June 13-14||12 p.m. to 5 p.m. first day and 9 a.m. to 3 p.m. second||In person (location TBD)||Develop content for Statement of Need. Build a shared understanding of modeling limitations. Begin discussion of scenarios, futures, and sensitives to inform modeling.||Register|
|July 6||1 p.m. to 5 p.m.||Zoom||Modeling Forum, Review modeling results to date and select any additional model runs. Enable those who wish to run models with the tools to do so.||Register|
|August 1-2||12 p.m. to 5 p.m. first day, and 9 a.m. to 3.p.m. second day||Hybrid Meeting (Hobbs. NM. and via Zoom)||Assess degree of consensus around the Statement of Need. Discuss all modeling results and formulate input for Action Plan.||Register|
|August 29||2 p.m. to 3:30 p.m.||Zoom||Assess degree of consensus around the Action Plan.||Register|
|Sept. 13||1 p.m. to 5 p.m.||Zoom||Focus on developing input to Xcel Energy/SPS Integrated Resource Plan and asses the level of agreement on SoN and develop input to the Action Plan|
|Sept. 21 (tentative)||1 p.m. to 5 p.m.||Zoom||Review key issues being addressed in IRP, pose any outstanding questions of stakeholders.||Register|
|Oct. 26||2 p.m. to 3 p.m.||Zoom||Reflect on effectiveness, best practices, and suggestion s for future IRP stakeholder processes.||Register|
Pre-read Package - SPS Stakeholder Meeting Presentation (May 16, 2023) (PDF)
Texas-New Mexico Info Sheet (PDF)
Our Energy Future Southwest Brochure (PDF)
October 2022 Tolk News Release (PDF)
SPS Stakeholder Meeting Presentation 3-1 (PDF)
SPS IRP Stakeholder Orientation (May 5, 2023) (PDF)
SPS Stakeholder Meeting Presentation (June 13-14, 2023) (PDF)
SPS Stakeholder Meeting Recording (external link)
SPS IRP Stakeholder Modeling Request (PDF)
Modeling WG Summary (PDF)
SPS Presentation on Forecasting Natural Gas Prices, SPP Marketing Prices, and Peak Demand (PDF)
SPS Presentation on System Resources (PDF)
Statement of Need Elements (PDF)
Natural Gas and Marketing Price Assumptions (XLSX)
Current DM Offerings in SPS New Mexico (PDF)
DSR Modeling (PDF)
SPS New Mexico Stakeholder Slides (PDF)
SPS Demand Side Resource Subgroup Meeting Summary (July 6, 2023) (PDF)
Proposed Agenda June 30 (PDF)
SPS IRP Demand Side Resource Modeling Meeting Slidedeck (PDF)
Xcel Energy - Potential Study 2021 (PDF)
August 29th Action Plan Introduction (PPTX)
August 29th 1st Stakeholder Presentation (PDF)
August 29th 2nd Stakeholder Presentation (PDF)
August 29 - SPS Meeting Summary (PDF)
Net Zero Power Long Duration Energy Storage for a Renewable Grid (PDF)
Storage Ratios and Depreciation (XLSX)
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