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New Energy Economy's mission is to build a renewable energy future for our health and the environment
With bold legal interventions, public policy advocacy, and grassroots action we fight for a fossil-fuel and nuclear-free economy that stewards both the health of our environment and our communities. A Just Transition to renewable energy is not just about reducing carbon emissions but transforming our energy system, as we do so we must redress social inequity, build people power, and foster economic and environmental justice.
what's happening now
We intervened in the PNM Avangrid merger case at the PRC because it offers no benefits to the people of New Mexico. We won and the PRC rejected the merger, but now they are back before the newly appointed PRC for a takeover of New Mexico energy again.
PNM's 2023 rate case will include final decisions on the prudence of Four Corners investments, San Juan rate credit delays and Palo Verde leases and decommissioning costs. PNM seeks to make ratepayers pay for hundreds of millions they unwisely spent on extending the life of coal and nuclear plants, and on top of that they have the gall to seek an increased Return on Equity even as their business risks have decreased.
New Energy Economy has intervened at the PRC to oppose the New Mexico Gas Company's plan to build a Liquefied Natural Gas (LNG) liquefaction, storage and regasification plant that would endanger surrounding communities, prove not cost effective for ratepayers and lock-in more fossil fuel investment, slowing the necessary transition to clean energy.
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