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Joe Cardillo (Disinfo Dad)joecardillo
Aug 5, 2026, 1:54 PM
What would these investments go toward? Well, there are some options in PNM's draft 20-year plan aka "Integrated Resource Plan" – https://www.pnm.com/2026-irp
Page 6 of their “statement of need” talks about power sources that can run all the time without stopping (this is called "firm dispatchable" power).
That list includes:
Long-duration energy storage – batteries and facilities that can store energy for more than 16 hours (this would also be good for wind/solar assets)
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Joe Cardillo (Disinfo Dad)joecardillo
Aug 5, 2026, 1:56 PM
Advanced geothermal – energy from heat deep inside the earth, there is more work to do to get this to market, but this is a good renewable energy option
Natural gas – lots of this already & massive pollution involved
Small modular nuclear reactors — these are small nuclear facilities, but one concern is the feds are significantly loosening safety rules on these right now
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Joe Cardillo (Disinfo Dad)joecardillo
Aug 5, 2026, 1:56 PM
Hydrogen - the gov has talked about a lot about this, it can be done dirty vs. clean, it is possible to use it responsibly for storage on wind/solar but I'll leave it to the experts to talk about how & the tradeoffs involved
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Joe Cardillo (Disinfo Dad)joecardillo
Aug 5, 2026, 1:57 PM
Do we have to sell PNM to a giant private equity firm with a record of raising prices?
Does the State of NM have to take a majority ownership stake & have a say in operating arguably the most important public utility in our state?
It's not an immediate yes in either case, and the three options ⬆️ probably worth a good look by state legislators, community leaders, and policy makers
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Joe Cardillo (Disinfo Dad)joecardillo
Aug 5, 2026, 1:57 PM
More info on some of the things I mentioned above:
DOE's TFP Revolving Loan Fund: https://www.utilitydive.com/news/doe-rfp-solicitation-transmission-capacity-berkshire-national-grid-cross-tie-southline/706792/
WAPA's TIF Revolving Loan Fund: https://www.wapa.gov/transmission/transmission-infrastructure-program-tip/
Preferred shares tied to green/renewable capital projects: https://sustainableinvest.com/green-preferred-shares-a-niche-tool-for-sustainable-income-investors/
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Astronotastronot@mastodon.online
Aug 5, 2026, 4:28 PM
@joecardillo geothermal is already available in the northeast. NM should be all over this given our untapped geothermal resources and expertise in drilling for water. One geothermal heat pump can supply heating and cooling for your whole block. You become your neighbors supplier. The legislature could make that easier to do...
https://www.thisoldhouse.com/heating-cooling/geothermal-heat-pump-how-it-works
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Astronotastronot@mastodon.online
Aug 5, 2026, 7:21 PM
@joecardillo https://clean.energy.nm.gov/programs/geothermal-ground-coupled-heat-pump-tax-credit/
https://danielshvacnm.com/geothermal-heating/
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