PNM
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Hybrid Power
Electrification Ignites Debate Over Future of Energy
Electrification—replacing fossil fuels with electricity to provide power—is a major part of the global effort toward decarbonization. It touches many sectors, and is sparking even more discussion about its
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News
City Backs Deal for CCS Technology to Save New Mexico Coal Plant
The Farmington, New Mexico, city council on Aug. 15 unanimously approved a deal to transfer 95% of the ownership interest of the coal-fired San Juan Generating Station (SJGS) to Enchant Energy, a company run by executives of a New York-based hedge fund that wants to utilize what it calls “state-of-the-art environmental technology” to capture carbon […]
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News
Carbon Capture Proposed to Save New Mexico Coal Plant
The New York-based hedge fund aiming to take over New Mexico’s San Juan Generating Station (SJGS), targeted for closure by state lawmakers, wants to refit the 46-year-old, coal-fired plant to use carbon capture and sequestration (CCS) technology. Acme Equities LLC said last week that retrofitting the 847-MW plant with CCS technology would cut carbon emissions […]
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Legal & Regulatory
More Coal and Nuclear Can Replace Retired Generation, State Supreme Court Rules
The Supreme Court for the state of New Mexico affirmed a final order by state regulators to allow Public Service Company of New Mexico (PNM) to replace lost generation from two shuttered units at its 1,800-MW coal-fired San Juan Regional Generation Station with coal and nuclear resources. The case stems from a petition filed by […]
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Legal & Regulatory
New Mexico Clears Hurdle to Provide Power to Facebook Facility
A unanimous vote by New Mexico’s Public Regulation Commission (PRC) today determined that Public Service Co. of New Mexico (PNM) will be allowed to provide new renewable capacity to a proposed Facebook facility through a special service agreement.
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