Public Service Co. of New Mexico

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 […]

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 […]

A private New York-based real estate investment company that focuses on North American energy projects has reached an agreement with officials in Farmington, New Mexico, to keep the coal-fired San Juan Generating Station open beyond 2022. The city is part-owner of the 847-MW plant, and the other owners—which include Tucson Electric Power, Los Alamos County, […]

The Palo Verde Nuclear Generating Station led the U.S. in electrical generation in 2014, as it has done for 23 consecutive years, with a total output of 32.3 million MWh. That bested its previous record set in 2012. The Palo Verde plant is located about 45 miles west of Phoenix, Ariz. (Figure 5). It has […]