PNM Resources achieves 80% carbon-free electricity mix in 2025

PNM Resources reported that its subsidiary, the Public Service Company of New Mexico, generated approximately 80 percent of its electricity from carbon-free sources in 2025. This shift is driven by significant investments in solar energy, wind power, and battery storage.

The transition toward renewable energy is seen as a strategic move to align with energy transition policies in New Mexico and to mitigate risks associated with fluctuating fuel prices and carbon emissions costs. By reducing reliance on fossil fuels, the company aims to stabilize its cost structure and reduce regulatory risks related to carbon pricing and coal bans.

While the company provides services across New Mexico and Texas, the high proportion of carbon-free generation highlights its structural change toward a more sustainable business model, potentially offering long-term growth through renewable technology investments.