New Mexico regulators chart course for coal plant closure | KOB 4
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New Mexico regulators chart course for coal plant closure

The Associated Press
July 10, 2019 03:07 PM

ALBUQUERQUE, N.M. (AP) - New Mexico regulators have decided on a course for how they will handle a major utility case that marks the beginning of the end for coal-fired electricity generation in the state.

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The state's largest utility, Public Service Co. of New Mexico, recently submitted its application for closing the San Juan Generating Station in northwestern New Mexico. The filing includes a mechanism for financing the closure and options for replacing the lost capacity - both elements tied directly to the state's new energy transition law.

The Public Regulation Commission on Wednesday voted to split the proceeding into two parts - one for the closure and financing and the other for the replacement power.

Commissioners and staff say they expect numerous legal issues to be raised as the effects of any decision will be felt for decades.

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The Associated Press

Copyright 2019 The Associated Press. All rights reserved.

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