Southwest

New Mexico

New Mexico is ranked second in the country for crude oil production and 6th for natural gas production, and has increased production in recent years. However, the state is also ranked 9th in the country for electricity generation from wind power and has substantial solar and geothermal energy potential; renewables make up around half of in-state electricity generation, surpassing their legislative target of 40% by 2025. Net emissions decreased 26% from 2005-2021, but emissions from oil and gas are projected to continue increasing. The state also has the third-largest tribal land acreage in the country, much of which contains significant energy resources, and 44% of the state is a federally-designated Disadvantaged Community (DAC) — ranked 5th nationally.

GHG Reduction Targets

All targets relative to 2005 levels

2030 :

45%

Governor

Michelle Lujan Grisham (Democrat)

House Party

Democratic Majority

Senate Party

Democratic Majority

Legislative session

1/16/24 - 2/15/24

US Climate Alliance Status

Member

Key Offices & Links

22

Policies Enacted or In Progress

across 7 policy areas

See all

40

Policy Opportunities

across 7 policy areas

See all

Southwest

4 states

This map shows the occurrence of climate policies passed at the state-level. Higher numbers represent more climate policies enacted.

Compare with other states

Progress by Policy Area

Enacted
In-progress
Partially Enacted
Not Enacted

Glossary of Terms

Status	Policy	Policy Area	Policy Category	YR Enacted
Enacted	Clean Energy and Renewable Portfolio Standards Empty column 40% renewable energy by 2025 \| 80% by 2040 \| 100% zero-carbon electricity by 2045 Establishing Policies SB 489 (2019)	Electricity	Energy Plans and Targets	2019
Not Enacted	Electricity Greenhouse Gas Emissions Reduction Targets Empty column Electricity greenhouse gas (GHG) emissions reduction targets are set by a state to limit GHG emissions in the electricity sector. These targets aim to reduce emissions by different amounts over time, often expressed as percentage relative to a baseline year.	Electricity	Energy Plans and Targets
Not Enacted	Clean Energy Plans Empty column Clean energy plans are documents that outline the policies and strategies states can implement to meet clean energy targets. Draft plans are often published first, and after a period of public comments and revisions, a final plan is released.	Electricity	Energy Plans and Targets
Not Enacted	Distributed Generation/Solar Carve-out Empty column The State Policy Opportunity Tracker (SPOT) breaks clean energy policies down into “components”, which are binary questions to evaluate policy quality. Higher quality policies have more of their SPOT components fulfilled. Establishing Policies SPOT - Distributed Generation/Solar Carve-out in New Mexico Policy Components not-enacted not-enacted not-enacted not-enacted not-enacted 0/5	Electricity	Clean Energy Generation
Partially Enacted	Net Metering Empty column The State Policy Opportunity Tracker (SPOT) breaks clean energy policies down into “components”, which are binary questions to evaluate policy quality. Higher quality policies have more of their SPOT components fulfilled. Establishing Policies SPOT - Net Metering in New Mexico SPOT - Aggregate Net Metering in New Mexico Policy Components enacted enacted not-enacted enacted enacted enacted not-enacted not-enacted not-enacted not-enacted not-enacted 5/11	Electricity	Clean Energy Generation
Partially Enacted	Shared Renewables Empty column The State Policy Opportunity Tracker (SPOT) breaks clean energy policies down into “components”, which are binary questions to evaluate policy quality. Higher quality policies have more of their SPOT components fulfilled. Establishing Policies SPOT - Shared Renewables in New Mexico Policy Components enacted enacted enacted not-enacted not-enacted not-enacted 3/6	Electricity	Clean Energy Generation
Not Enacted	Community Choice Aggregation Empty column Community choice aggregation allows local governments to procure power on behalf of their residents, businesses, and municipal accounts from an alternative supplier while still receiving transmission and distribution service from their existing utility provider.	Electricity	Clean Energy Generation
Not Enacted	Energy Storage Targets Empty column Energy storage targets establish procurement targets for energy storage systems by a certain date, often with interim targets. Targets can vary from broad megawatt (MW) requirements to more specific mandates that focus on the adoption of certain storage technologies.	Electricity	Transmission, Distribution, and Energy Storage
Enacted	Interconnection Standards Empty column New Mexico received an A grade from Freeing the Grid. Establishing Policies Freeing the Grid New Mexico Grade (2023)	Electricity	Transmission, Distribution, and Energy Storage	2023
Enacted	Coal Phaseouts Empty column Requires 100% zero-carbon electricity by 2045, effectively eliminating coal from its electricity portfolio. Establishing Policies SB 489 (2019)	Electricity	Coal Retirement	2019
Enacted	Coal Plant Securitization Empty column Allocates $30 million for coal plant decommissioning and reclamation costs through securitization Establishing Policies SB 489 (2019)	Electricity	Coal Retirement	2019

New Mexico

Key Offices & Links

22

40

Southwest

Progress by Policy Area

Climate Governance and Equity

Cross-Sector

Electricity

Buildings and Efficiency

Transportation

Industry, Materials, and Waste Management

Natural and Working Lands

Greenhouse Gas Emissions Projections in New Mexico