Xcel Energy soliciting biomass power in New Mexico

By Anna Simet | July 31, 2012

Power utility Xcel Energy’s Southwest Public Service Company is seeking to add more biomass power to its renewable portfolio, and has released a solicitation for 88,705 megawatt-hours, preferably located in New Mexico.

The company made the announcement July 31, and is requesting that bidders submit a Notice of Intent to Bid no later than Aug. 31. Biomass power sources must be categorized as renewable as defined by the New Mexico renewable portfolio standard (RPS); biogas sources are also included in the solicitation.

New Mexico’s RPS calls for 15 percent of retail sales to be derived from renewable resources by 2015, so SPS is requiring sources to be operational by that time. The RPS has a diversity requirement, so 10 percent of renewable energy must come from sources other than wind and solar.

Contracts are subject to explicit regulatory approval by the New Mexico Public Regulation Commission.

A copy of the RFP can be accessed on the Xcel Energy website after 3 p.m. MDT, July 31.