Under the agreement, the city would keep its 5 pct share in the plant and Enchant Energy Corp. would acquire a 95 pct ownership interest from other utilities that will be divesting in the plant. Enchant Energy would also pay for installation of new emissions equipment and carbon capture technology. The company anticipates an estimated $1.23 billion investment in the project but notes it could benefit from federal tax credits associated with investments in carbon-capture technology.
Enchant Energy seeks to capture CO2 for sequestration purposes and electricity production by investing in state-of-the-art environmental technology at San Juan Generating Station. These activities are intentionally designed to further New Mexico's dual goals of substantially reducing its statewide CO2 output and supporting New Mexico's economy by employing hundreds of people in San Juan County and on the Navajo Nation by providing reliable, low-cost wholesale electricity, according to the company website.
(Source: Public Service Co. of New Mexico, Durango Herald, AP, 17 Aug., 2019) Contact: Public Service Co. of New Mexico, Pat O'Connell, Dir. Resource Planning, (505) 241-2700, www.pnm.com;
Enchant Energy, Jason Selch, CEO, (505) 436-1828, firstname.lastname@example.org,
(505) 436-1828, www.enchantenergy.com
More Low-Carbon Energy News Enchant Energy, Public Service Co. of New Mexico, Coal, CCS,
In a statement, the Public Service Company of New Mexico (PNM) said the bill "will create a greener energy economy and support our state's reforms to become a national leader in cleaner energy."
(Source: Los Alamos Daily Post, 13 Mar., 2019) Contact: Public Service Company of New Mexico, (505) 241-2700; Office of Gov. Michelle Lujan Grisham, www.governor.state.nm.us/contact-the-governor
More Low-Carbon Energy News Public Service Company of New Mexico,
The plant is presently slated for shutdown in 2022. The addition of CCS technology would cut carbon emissions by an estimated 90 pct and offer the plant another revenue stream with the sale of the captured CO2 for enhanced oil recovery well production.
Acme Equities has reached an agreement with the city Farmington N.M., part-owner of the plant, to keep the SJGS open beyond 2022. Other owners of the facity include Tucson Electric Power, Los Alamos County, and Utah Associated Municipal Power Systems, along with majority owner Public Service Company of New Mexico (PNM), all of which have said they do not plan to receive power from the SJGS after 2022.
(Source: Acme Equities LLC, Various Media, Mar., 2019) Contact: Acme Equities LLC, www.acmeequities.com
More Low-Carbon Energy News CCS,
The city's intent is to limit its carbon footprint, reduce its approximately $1.2 million per month electric power bill, and generate at least 25 pct of it energy requirements from renewable resources as quickly as possible. Presently, only 4 pct of the city's power is from renewable energy sources. Under Albuquerque's arrangement with PNM, the city would purchase half of the electricity that would be generated by the proposed 50-MW solar plant. The site, cost and other details of the proposed solar facility have not yet been determined.
PNM has invested heavily in solar in recent years and has scaled back operations at its coal-fired power plant in northwestern New Mexico as part of a federal mandate to reduce haze-causing pollution.
(Source: PNM, City of Albuquerque, Santa Fe New Mexican, 21 Nov., 2018)Contact: Public Service Company of New Mexico, Pat O'Connell, Dir. Resource Planning, (505) 241-2700, www.pnm.com; City of Albuquerque, Planning Dept., (505) 924-3860, www.cabq.gov/planning
More Low-Carbon Energy News Public Service Co. of New Mexico, Albuquerque, PNM, Solar,
PNM is presently constructing three solar plants to supply the center's first two buildings, and
has negotiated agreements with Avangrid Renewables and NextEra Energy Inc. to construct and operate two wind farms and a $75 million solar facility to meet the data center's added energy needs. The companies would sell the generated power to the utility for delivery.
PNM is proposing Avangrid build a wind farm by 2020 east of Estancia in central New Mexico, and that
NextEra constructs a $72 million wind farm before the year end.
(Source: Public Service Company of New Mexico, Santa Fe New Mexican ,Albuquerque Journal, 20 Jan., 2018) Contact: Public Service Company of New Mexico, Pat O'Connell, Dir. Resource Planning, (505) 241-2700, www.pnm.com; Avangrid Renewables, Laura Beane, CEO, www.avangridren.com; NextEra Energy Resources LLC, Zack Melda, Project Director, (561) 691-7171, www.nexteraenergyresources.com
More Low-Carbon Energy News Avangrid Renewables , NextEra Energy, Public Service Company of New Mexico, Wind, Solar, Facebook,
By leveraging the cloud-based energyOrbit platform allows seamless access to multiple parties or outside sources to submit their data electronically, all in one place. The energyOrbit platform is suitable for both small and large energy efficiency programs and can be scaled up to service substantial program growth and expansion.
By engaging with energyOrbit, similar utilities have achieved improved efficiency and DSM operational savings by as much as 75 pct. Powered on the Salesforce platform, the energyOrbit customer engagement solution is designed to provide an integrated user experience to streamline energy audits and free up administrator workloads, resulting in greater administrative focus on program strategy and implementation.
(Source: energyOrbit, PR, 18 July, 2017)
Contact: EnergyOrbit, Udi Merhav, CEO, www.energyorbit.com, Twitter(@energyOrbit; PNM, Pat Vincent-Collawn, Pres., (505) 241-4548, www.pnmenergyefficiency.com
More Low-Carbon Energy News PNM, Energy Efficiency Rebate, Energy Management,