Public Service Company Of New Mexico · OTC:PNMXO
Public Service Company Of New Mexico — Electric Power Research Institute — Technical Presentation (March 2026)
7 slides from Public Service Company Of New Mexico's technical presentation, Mar 4, 2026
Slide 1: Technology Cost and Performance Data for PNM IRP
Technology Cost and Performance Data for PNM IRP Geothermal Discussion Office Hour Romey James Project Set Manager 178A: Energy System Technology Cost, Performance, and Technoeconomic Analysis March 4, 2026 www.epri.com www.epri.com © 2026 Electric Power Research Institute, Inc. All rights reserved.
Slide 2: About EPRI
Nonprofit Chartered to serve the public benefit, with guidance from an independent advisory council. Thought Leadership Systematically and imaginatively looking ahead to identify issues, technology gaps, and broader needs that can be ABOUT addressed by the electricity sector. Independent Objective,
Slide 3: How we develop technology cost and performance data for our members' IRP and modeling efforts
How we develop technology cost and performance data for our members’ IRP and modeling efforts ▪ Mature technologies: Independent engineering studies – EPRI contracts an EPC firm with experience developing projects of that type to build cost estimates based on current market conditions. ▪ Emerging te
Slide 4: Range of Costs for Next-Generation Geothermal
Range of Costs for Next-Generation Geothermal ▪ Data sourced from NREL’s 2024 ATB. Capital Costs Used in IRP 45,000 ▪ Deep EGS (3-7 km) Binary (150-200°C). 40,000 ▪ Min, Average, and Max cases. 35,000 ▪ Deep EGS Binary is used to represent a broadly deployable technology. 30,000 – Lower cost assumpt
Slide 5: Next-Generation Geothermal Technology Status
Next-Generation Geothermal Technology Status Concept/ Research & Component & Prototype ▪ Enhanced Geothermal Pilot & Demonstration Commercial Service technology has been Development Validation demonstrated technically and has shown evidence of • Enhanced rapid drilling cost Technical Readiness geoth
Slide 6: Next-Generation Geothermal Deployment Timelines
Next-Generation Geothermal Deployment Timelines: Project permitting and construction timeline on public land Source: DOE. 2024. Pathways to Commercial Liftoff: Next-Generation Geothermal Power. https://web.archive.org/web/20250425081459/https://liftoff.energy.gov/wp-content/uploads/2024/03/LIFTOFF_N
Slide 7: Together...Shaping the Future of Energy
TOGETHER…SHAPING THE FUTURE OF ENERGY® www.epri.com www.epri.com © 2026 Electric Power Research Institute, Inc. All rights reserved. 7 © 2026 Electric Power Research Institute, Inc. All rights reserved.
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