Energy companies plan to boost wind generation in New Mexico

U.S. now producing 70 GW of wind power

ALBUQUERQUE, N.M. (AP) — Energy companies plan to double the generating capacity of wind farms in eastern New Mexico over the next few years thanks in part to federal subsidies and improvements in technology.

State officials say more than a gigawatt of wind capacity is now under construction or planned in New Mexico.

If all of that comes on line, The Albuquerque Journal reports that would be enough to potentially supply nearly 700,000 homes every year.

Jeremy Lewis is head of the state's Energy, Conservation and Management Division. He says the cost of wind and solar have dropped precipitously and he expects more wind energy to be connected to the state's economy in the future.

Still, some question whether the uptick will be temporary since subsidies will be phased out by 2020.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now


Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs