Utility defends plans to replace coal power from San Juan plant

ALBUQUERQUE, N.M. (AP) — New Mexico's largest electric provider is defending its plan to replace part of an aging coal-fired power plant with a mix of more coal, natural gas, nuclear and solar power.

Critics say the plan isn't in the best interest of ratepayers.

But Public Service Co. of New Mexico said Monday in a filing with state regulators that rejecting the plan could jeopardize the continued operation of the San Juan Generating Station and end up costing customers more.

A hearing examiner recommended earlier this month that PNM's plan not be approved unless changes are made. He pointed to uncertainty surrounding the ownership makeup of the plant and a lack of a coal contract beyond 2017.

State regulators could make a decision in the case as soon as Wednesday.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Maximizing Operational Excellence

In a recent survey conducted by PennEnergy Research, 70% of surveyed energy industry professional...

Leveraging the Power of Information in the Energy Industry

Information Governance is about more than compliance. It’s about using your information to drive ...

Reduce Engineering Project Complexity

Engineering document management presents unique and complex challenges. A solution based in Enter...

Revolutionizing Asset Management in the Electric Power Industry

With the arrival of the Industrial Internet of Things, data is growing and becoming more accessib...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs