Posted by· November 01, 2016 11:12 AM
Posted by· October 31, 2016 10:00 AM
Posted by· October 28, 2016 7:00 PM
PNM scraps $100M gas plant plan
ALBUQUERQUE, N.M. — Public Service Company of New Mexico, the state’s largest electric utility, has withdrawn from regulatory consideration a plan to build a $100 million natural gas plant and pipeline in San Juan County.
In a conference call with investors last week, PNM said it was abandoning the proposal due to lower-than-expected energy demand projections.Read more
PNM halts plans for San Juan County gas plant, pipeline
And the winners are ....
The city of Santa Fe today announced the winners of the Mayor’s Sustainability Awards.
“These Santa Fe businesses, non-profits, leaders and city employees are doing the kind of hard work that will move the needle on lowering our carbon footprint and preparing us for the negative impacts of climate change,” Mayor Javier Gonzales said in a statement. “Congratulations to all of them, and a big thank you for their continued dedication.”
Tribal officials told a congressional panel meeting in Santa Fe on Tuesday that they want more autonomy from the federal government and that their communities are unjustly burdened by red tape that prevents energy development on Native lands. Republican members of the U.S. House of Representatives Committee on Natural Resources, chaired by Rep. Rob Bishop, R-Utah, joined by Rep. Bruce Westerman, R-Ark., and a panel of expert witnesses, said the policies of the Obama administration and Interior Department are stalling energy development for tribes. They said the administration has failed to understand the needs of tribal communities on the ground and is helping to perpetuate poverty as a result.Read more
Home electric bills would rise by as much as 9 percent under a state Public Regulation Commission decision Wednesday on Public Service Company of New Mexico’s latest rate request. But the chief operating officer of PNM, which wanted a 15.8 percent increase, said she expects the state’s largest utility will appeal the decision. And New Energy Economy, a renewable-energy advocacy group that intervened in the case, also announced plans to appeal the decision, but for different reasons.Read more
New evidence on the relationship between coal power generation and climate change will be admitted in a state Supreme Court case centering on the Public Service Company of New Mexico’s plan to replace the power from two of four units at a coal plant in San Juan County that the utility is preparing to shut down. On Monday, the city of Santa Fe, along with 37 other New Mexico environmental groups, regional politicians and tribal representatives, submitted a 35-pageamicus curiae, or “friend of the court” brief, supporting a renewable energy advocacy group’s appeal of state regulators’ decision to approve the power plan because it continues to rely heavily on coal power.Read more
In 2013, the Public Service Company of New Mexico purchased 64.1 megawatts of nuclear generation facilities (Unit 2) at the nearly 30-year-old Palo Verde nuclear power plant in Arizona, executed a 15-year coal supply agreement for the nearly 50-year-old Four Corners Power Plant on a “take or pay” basis (requires coal purchases whether power plant operates or not), and purchased unnecessary “balanced draft” environmental controls for the coal-fired San Juan Generating Station, all without any prior review or approval from the New Mexico Public Regulation Commission. Now, three years later, PNM is seeking PRC approval to bail out PNM for these purchases and increase customer rates to pay for them. If the PRC approves, PNM will transfer all costs and risks associated with these purchases to us, its customers. In requesting this approval, PNM has provided no showing of need for additional “base load” (24-seven) electricity and no showing of benefit to ratepayers, as required by New Mexico law and regulations.Read more