San Juan Generating Station

IEEFA Research

IEEFA New Mexico: Ratepayer Risk Seen in Utility’s Entanglements With Westmoreland Coal

IEEFA New Mexico: Ratepayer Risk Seen in Utility’s Entanglements With Westmoreland Coal

The Company That Supplies the Failing San Juan Generating Station Is in Deep Financial Peril

Feb. 2, 2018 (IEEFA) — An energy-market expert for the Institute for Energy Economics and Financial Analysis has filed an affidavit in support of a New Mexico group that is asking the state’s utility commission to investigate ratepayer risk in the financial relationship between Public Service Company of New Mexico and Westmoreland Coal Co. A […]

February 2, 2018 Read More →

More News and Commentary

New Mexico legislation would speed closure of San Juan coal plant

Santa Fe New Mexican: Gov. Michelle Lujan Grisham and several environmentalist groups on Thursday praised legislation aimed at ensuring the shuttering of the coal-burning San Juan Generating Station near Farmington and establishing ambitious targets for pushing New Mexico toward more reliance on renewable energy sources. The bill is intended to soften the financial hit both […]

February 8, 2019 Read More →
and

IEEFA Puerto Rico: New natural gas deal fits same old pattern for choosing contractors

Lack of transparency, subversion of planning process, award to small company with questionable track record all sound familiar

The government of Puerto Rico is moving forward with plans to convert two units at the San Juan power plant from oil to natural gas. The Puerto Rico Electric Power Authority (PREPA) plans to contract with a third party that will make the necessary upgrades to the power plant to convert it and invest in […]

and January 22, 2019 Read More →

New Mexico regulators approve utility plan to shut San Juan coal plant, sell Four Corners stake

Santa Fe New Mexican: The state Public Regulation Commission on Wednesday unanimously accepted a Public Service Company of New Mexico three-year plan that calls for shuttering two coal-fired power plants in the northwestern part of the state and more reliance on renewable energy, along with natural gas and nuclear energy. Every three years, PNM files […]

December 20, 2018 Read More →

New Mexico Regulators Require PNM to Justify Restart Plans at San Juan Station

The New Mexican: The Public Service Company of New Mexico has 13 days to explain the cause of the March coal silo collapse and resulting fire at its San Juan Generating Station, according to an order issued Wednesday by the New Mexico Public Regulation Commission. The order also requires PNM to explain what repairs it […]

April 27, 2018 Read More →

Opponents Question Need for PNM Coal Plant Repairs

The New Mexican: Nine advocacy groups, led by New Energy Economy, asked the New Mexico Public Regulation Commission to investigate the cause of a March blaze at the coal-fired San Juan Generating Station northwest of Farmington. The petitioners want to prevent Public Service Company of New Mexico from making substantial improvements to Unit 1, the […]

April 18, 2018 Read More →
IEEFA New Mexico: Ratepayer Risk Seen in Utility’s Entanglements With Westmoreland Coal

IEEFA New Mexico: Ratepayer Risk Seen in Utility’s Entanglements With Westmoreland Coal

The Company That Supplies the Failing San Juan Generating Station Is in Deep Financial Peril

Feb. 2, 2018 (IEEFA) — An energy-market expert for the Institute for Energy Economics and Financial Analysis has filed an affidavit in support of a New Mexico group that is asking the state’s utility commission to investigate ratepayer risk in the financial relationship between Public Service Company of New Mexico and Westmoreland Coal Co. A […]

February 2, 2018 Read More →