SPS selects 3,121 MW accredited capacity in IRP portfolio; includes gas, wind, solar, storage

XCEL ENERGY INC

Portfolio selection filed with NMPRC: 3,121 MW accredited capacity (5,168 MW nameplate).
Breakdown: 2,088 MW natural gas, 1,273 MW wind, 695 MW solar, 1,112 MW storage.
SPS to file Certificates of Convenience and Necessity with PUCT and NMPRC in H2 2025; approvals expected 2026.
Second RFP planned for at least 500 MW accredited capacity by 2032 for NM RPS compliance.
Projected resource need 5,300–10,200 MW by 2030, driven by load growth and retirements.

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