NM HB226

Adds natural gas using combined cycle technology to the definition of "renewable energy resource" in both the Rural Electric Cooperative Act and the Renewable Energy Act

Creates an exception to the existing exclusion of fossil fuels from renewable energy, specifically allowing natural gas combined cycle technology to qualify as renewable

Allows electricity generated from natural gas combined cycle plants to count toward renewable portfolio standards and renewable energy requirements for both public utilities and rural electric cooperatives

Permits natural gas combined cycle facilities to generate renewable energy certificates, which represent environmental attributes from electricity generation