December 15, 2016
Victory for the San Juan Generating Station!
Thank you to all who advocated to save the San Juan Generating Station and the 740 direct jobs that depend on its continued operation.
The New Mexico Public Regulation Commission voted 4-1 today in favor of the agreements that will allow San Juan Generating Station to continue operating.
Read the full press release below:
ALBUQUERQUE, N.M., Dec. 16, 2015 /PRNewswire/ — PNM Resources’ (NYSE: PNM) New Mexico Utility, Public Service Co. of New Mexico (PNM), today received approval from the New Mexico Public Regulation Commission (NMPRC) of an agreement that would allow for the retirement of two units at San Juan Generating Station (SJGS). The NMPRC voted 4-1 to approve the NMPRC General Counsel’s proposed order for approval of the Hearing Examiner’s Nov. 16, 2015 recommended decision.
“We are very pleased to have Commission approval of the agreement,” said Pat Vincent-Collawn, PNM Resources’ chairman, president and CEO. “The record for this case over the last two years has demonstrated our continued commitment to customers to provide reliable, affordable and environmentally sustainable power. This plan not only represents the least-cost alternative for compliance with federal environmental regulations, but also protects the economy of the Four Corners region and the state.”
The approved agreement between PNM and various parties will result in the closure of two of the four coal-fired units at SJGS by Dec. 31, 2017, the installation of emissions control technology on the remaining units and other environmental and customer benefits to address compliance with federal visibility regulations under the Clean Air Act. In addition, the agreement will aid New Mexico’s ability to comply with the U.S. Environmental Protection Agency’s (EPA) Clean Power Plan, which imposes limits on carbon emissions.
In the news:
© 2015 [Four Corners Economic Development]