PNM Sees Future With More Solar, Gas and Nuclear Generation, an Industrial Info
SUGAR LAND, TX -- (Marketwired) -- 10/31/13 -- Researched by
Industrial Info Resources (Sugar Land, Texas) -- Like other electric
utilities in the Southwest, Public Service Company of New Mexico
(PNM) (Albuquerque, New Mexico), a unit of PNM Resources Incorporated
(NYSE:PNM) (Albuquerque), is reducing its reliance on coal-fired
generation. Like its brethren around the country, PNM also is making
plans to add gas-fired and renewable generation. What's a bit unusual
about the utility's strategic resource plan is its preliminary
finding that its future should include more nuclear power.
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