TXNM Energy Asks for Energy Resources, Citing Demand from Large Load Customers

Dow Jones

06/02

By Katherine Hamilton

TXNM Energy's subsidiary PNM has asked regulators for more resources to meet rising customer demand.

PNM submitted an application to the New Mexico Public Regulation Commission seeking approval for 800 megawatts of wind resources, 240 megawatts of solar resources, 610 megawatts of battery storage resources and 40 megawatts of natural gas.

PNM is forecasting a 40% increase in customer electricity demand by 2032, driven by load growth and New Mexico's economic development efforts.

New large load customers will still need to cover the incremental costs they are adding to the system and pay for a share of the existing system, TXNM said.

Write to Katherine Hamilton at katherine.hamilton@wsj.com

(END) Dow Jones Newswires

June 01, 2026 13:39 ET (17:39 GMT)

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Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4081","symbol_name":"電力公用事業","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640666029","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640666029","pubTimestamp":1780335540,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"TXNM Energy's subsidiary PNM has asked regulators for more resources to meet rising customer demand.PNM submitted an application to the New Mexico Public Regulation Commission seeking approval for 800 megawatts of wind resources, 240 megawatts of solar resources, 610 megawatts of battery storage resources and 40 megawatts of natural gas.PNM is forecasting a 40% increase in customer electricity demand by 2032, driven by load growth and New Mexico's economic development efforts.New large load customers will still need to cover the incremental costs they are adding to the system and pay for a share of the existing system, TXNM said.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4081":"电力公用事业","CUBI":"Customers Bancorp Inc.","BK4211":"区域性银行","TXNM":"TXNM Energy"},"translate_title":"TXNM Energy以大负荷客户的需求为由寻求能源资源","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TXNM":1.5,"CUBI":1.5},"content_text":"By Katherine Hamilton \n\n\n \n\n\nTXNM Energy's subsidiary PNM has asked regulators for more resources to meet rising customer demand. \n\n\n  PNM submitted an application to the New Mexico Public Regulation Commission seeking approval for 800 megawatts of wind resources, 240 megawatts of solar resources, 610 megawatts of battery storage resources and 40 megawatts of natural gas. \n\n\n  PNM is forecasting a 40% increase in customer electricity demand by 2032, driven by load growth and New Mexico's economic development efforts. \n\n\n  New large load customers will still need to cover the incremental costs they are adding to the system and pay for a share of the existing system, TXNM said. \n\n\n \n\n\n  Write to Katherine Hamilton at katherine.hamilton@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 01, 2026 13:39 ET (17:39 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}