The bill amends the definitions within the Rural Electric Cooperative Act and the Renewable Energy Act to include nuclear energy as a recognized renewable energy source. Specifically, it adds language to define "nuclear facilities" as those that utilize nuclear reactions, either through fission or fusion, to generate heat for power conversion systems, while also ensuring that these facilities do not emit carbon dioxide or other greenhouse gases during electricity generation. This inclusion aims to broaden the scope of renewable energy sources that can satisfy the renewable portfolio standard for public utilities and rural electric cooperatives in New Mexico.

Additionally, the bill removes the previous exclusion of nuclear energy from the definition of renewable energy resources. This change reflects a shift in policy to recognize nuclear energy's potential role in reducing greenhouse gas emissions and contributing to a more diverse and sustainable energy portfolio. The amendments are intended to support the state's goals for energy efficiency and the transition to cleaner energy sources.

Statutes affected:
introduced version: 62-15-37, 62-16-3