PNM stands by plan to close coal-fired plant [View all]
FARMINGTON — New Mexico’s largest electric provider said continued operation of a coal-fired power plant using carbon-capture technology wouldn’t be in the best interest of utility customers.
Public Service Co. of New Mexico made the declaration in testimony filed with state regulators who are weighing the pending closure of the San Juan Generating Station.
The recent filing was in response to concerns that the utility had not presented an alternative case for installing carbon capture equipment at the plant in an effort to reduce emissions and avoid shutting it down as planned in 2022. At issue are the significant economic effects closure will have on the region.
The utility said this week it is standing behind a proposal to end its reliance on coal by moving toward a mix of natural gas, renewable resources and batteries. The utility has said it intends to meet the state’s newly enacted mandate for zero emissions by 2040.
Read more: https://www.santafenewmexican.com/news/local_news/pnm-stands-by-plan-to-close-coal-fired-plant/article_371cf85e-a485-518a-b4e7-090f45b2a21e.html
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