A New Mexico Public Regulation Commission hearing regarding the Public Service Company of New Mexico merger with Avangrid is set to kick off Monday morning via Zoom. The hearing will also be broadcast on YouTube. A link to the YouTube livestream will be posted online a few minutes before the hearing begins. The first day […]
May 23 Many environmental groups and other organizations say Public Service Company of New Mexico should get out of the pollution-spewing Four Corners Power Plant but not the way the utility has proposed. PNM's agreement to transfer its share of the coal-fired plant to Farmington-based Navajo Transitional Energy Co. is worse than the status quo, they contend. They argue
The San Juan Generating Station is pictured Monday, April 19, 2021, in Waterflow.
Government entities, utilities and watchdog groups say a merger between Public Service Company of New Mexico and Avangrid could harm both ratepayers and the environment unless protections are included.
These entities filed testimony in a New Mexico Public Regulation Commission case evaluating the merger. This merger is subject to the PRC approval as well as approval from the Federal Energy Regulatory Commission.
PNM’s parent company, PNM Resources, is seeking to merge with Avangrid, a U.S. subsidiary of renewable energy giant Iberdrola, which is based in Spain.
The PRC hearings related to the merger are scheduled to start on May 3 and testimony has been filed expressing a variety of concerns.
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Coal-burning Four Corners Power Plant will cut back on operations, APS says Ryan Randazzo, Arizona Republic
The coal-fired Four Corners Power Plant near Farmington, New Mexico, will provide less power to Arizona under a new operating plan, Arizona Public Service Co. said Friday.
What is new is that one of the two generators at the plant will only operate seasonally starting in fall 2023, while the other continues to run year-round, according to APS.
“Four Corners has provided reliable and affordable electricity for almost 60 years, fostering economic growth and prosperity in cities and towns throughout the region,” said Jacob Tetlow, APS senior vice president of operations. “With seasonal operations, the plant will continue to be a critical source of reliable electricity when our customers need it most and enable a responsible transition to a cleaner energy future.”