N.M. bill would allow creation of RECs for biomass thermal energy

February 26th, 2013 in News

By:  Erin Voegele
Biomass Magazine

Pending legislation in New Mexico would enable renewable energy certificates (RECs) to be issued for the generation and use of thermal energy produced from renewable resources, with extra credits assigned to thermal energy generated from forest biomass. The credits are used by utilities to comply with the state’s renewable portfolio standard (RPS).

The bill, S.B. 204, was introduced on Jan. 22 by state Sen. Phil Griego. The Conservation Committee passed the measure by a vote of seven to three on Feb. 14 and referred the bill to the Corporations and Transportation Committee

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