Enchant tests investor appetite for CCS with equity raise
Power Finance and Risk - Aug 27, 2020 - Shravan Bhat. With the ground rules finally in place for the monetization of tax credits for carbon capture and sequestration (CCS), Enchant Energy has begun to test whether investors are ready to take the plunge, as it seeks...
The Passing of Barry Worthington
Farmington, New Mexico – Enchant Energy is saddened by the passing of Barry Worthington, the longtime executive director of the United States Energy Association (USEA). We extend our deepest sympathies to his family, friends, and colleagues. Barry’s contribution to...
PRC approves renewable energy projects to replace power from San Juan coal plant
By Michael Gerstein mgerstein@sfnewmexican.com Jul 29, 2020 Updated Jul 30, 2020 An array of renewable energy projects will replace lost energy from the possible closure of a Farmington-area coal plant under a plan approved Wednesday by the Public Regulation...
San Juan Generating Station renewable energy plan gets approval from PRC
Hannah Grover Farmington Daily Times July 29, 2020 AZTEC — The New Mexico Public Regulation Commission unanimously approved a plan that would replace the electricity that Public Service Company of New Mexico currently receives from the San Juan Generating Station with...
PRC discusses replacement power case as deadline looms for PNM solar contracts
Hannah Grover, Farmington Daily Times - Published 6:04 p.m. MT July 22, 2022 AZTEC — The state’s largest utility is transitioning away from coal-fired generation, and that means by the summer of 2022 it must have other electricity sources ready to provide the power...
Former Rocky Mountain Power CEO Cindy Crane steps into new role at Enchant Energy
Hannah Grover, Farmington Daily Times Published 3:37 p.m. MT July 13, 2020. AZTEC — Cindy Crane describes herself as passionate leader who sets a high bar and likes to be on the ground with the people who are working to make projects a reality. She will be bringing...
The Mayor’s Table: Mayor Nate Duckett talks with Peter Mandelstam and Hank Adair about San Juan Generation Station Carbon Capture Project
Peter Mandelstam on Focus on The Four Corners with Host, Debra Mayeux
San Juan College, Enchant Energy and Farmington partner to develop carbon capture workforce
Hannah Grover, Farmington Daily Times. Published 10:35 p.m. MT June 26, 2020. FARMINGTON — As Enchant Energy works to retrofit the San Juan Generating Station with carbon capture technology, San Juan College will train the workforce needed to make the project...
Enchant Energy signs deal with Bank of America in San Juan Generating Station project
Hannah Grover, Farmington Daily Times - Published 3:20 p.m. MT June 24, 2020. AZTEC — After seven months of negotiations, Enchant Energy Chief Operating Officer Peter Mandelstam announced that the company working to keep the San Juan Generating Station open has signed...
Projects to Stash Carbon Dioxide Underground Get a Boost
By Brad Plumer June 24, 2020, 12:20 p.m. ET. WASHINGTON — Carbon capture, a rarely tested strategy to fight climate change, is attracting growing interest in the United States after the Trump administration began clearing a longstanding roadblock to subsidizing the...
Fossil Fuel’s Answer to Climate Change Just Got Less Expensive
Tax credit reignites interest in the fossil-fuel industry’s preferred weapon against global warming By Will Wade and Brian Eckhouse June 11, 2020, 5:00 AM MDT Updated on June 11, 2020, 12:45 PM MDT Carbon capture, the fossil-fuel industry’s favorite weapon against...
Governor Needs To ‘Do No Harm’ To Four Corners
Los Alamos Daily Post - May 28, 2020 By PAUL GESSING Rio Grande Foundation Prior to the COVID-19 outbreak in New Mexico, the Four Corners region of New Mexico faced serious economic challenges. The declining price of natural gas, which had been the basis of the area’s...
A Red Corner of a Blue State Fights to Reopen
New York Times By Nicholas Casey May 12, 2020, 5:00 a.m. ET To understand why Mayor Nate Duckett wants Farmington, N.M., to reopen while the governor wants it shut, it helps to know something about what he calls his city’s “death spiral.” Perched in a rural corner of...
New Mexico Tech Gets $17M DOE Grant to Study San Juan Carbon Sequestration
California Energy Markets - Abigail Sawyer - May 1, 2020 A New Mexico university will receive millions of dollars from the U.S. Department of Energy to study the potential for long-term carbon sequestration in underground saline aquifers near the San Juan Generating...
NMPRC Defers Decision on Least-Cost Solar Replacement for San Juan
California Energy Markets - Abigail Sawyer - May 1, 2020 The New Mexico Public Regulation Commission during a webcast meeting April 29 voted 3-2 to defer approval of Public Service Company of New Mexico's least-cost solar projects proposed as part of the replacement...
NM Tech receives funding to study carbon dioxide storage near the San Juan Generating Station
Hannah Grover, Farmington Daily TimesPublished 5:40 p.m. MT April 27, 2020 AZTEC — The New Mexico Institute of Mining and Technology is receiving approximately $17.5 million of U.S. Department of Energy funding to study safe storage of carbon dioxide in underground...
NM Tech to lead $22M study on CO2
BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER Monday, April 27th, 2020 at 6:11pm ALBUQUERQUE, N.M. — Efforts to convert the coal-fired San Juan Generating Station to the world’s largest carbon capture facility got a boost last week when the U.S. Department of Energy...
PRC decision looms regarding PNM’s San Juan Generating Station replacement power
Hannah Grover, Farmington Daily TimesPublished 12:16 p.m. MT April 17, 2020 AZTEC — With Public Service Company of New Mexico preparing to end its use of the San Juan Generating Station, the New Mexico Public Regulation Commission must decide how the utility will...
San Juan CCUS Project Moves Forward Despite Plummeting Oil Prices
California Energy Markets Abigail Sawyer Apr 10, 2020 Updated Apr 10, 2020 A $1.3-billion plan to convert the coal-fired San Juan Generating Station in northwestern New Mexico to a carbon capture, utilization and sequestration facility is moving ahead despite recent...
N.M. OKs abandonment of coal plant after meeting ‘sabotage’
Edward Klump, E&E News reporter Published: Thursday, April 2, 2020 Racist and lewd comments halted a virtual meeting of the New Mexico Public Regulation Commission yesterday, but the panel reconvened in the afternoon and approved the abandonment of two remaining...
PNM gets OK to abandon San Juan
BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER Published: Wednesday, April 1st, 2020 at 3:07pm Updated: Wednesday, April 1st, 2020 at 9:16pm Copyright © 2020 Albuquerque Journal The state Public Regulation Commission during an online meeting Wednesday unanimously...
PRC unanimously approves PNM ending operations of San Juan following meeting interruption
Hannah Grover, Farmington Daily TimesPublished 12:28 p.m. MT April 1, 2020 | Updated 10:22 p.m. MT April 1, 2020 STORY HIGHLIGHTS The decision does not impact Farmington and Enchant Energy's plan to keep the San Juan Generating Station open through a carbon capture...
Hank Adair and Peter Mandelstam on The Scott Michlin Morning Program on KSJE
Governor signs energy-related bills
By Jens Gould jgould@sfnewmexican.com Mar 3, 2020 Updated 12 hrs ago. Gov. Michelle Lujan Grisham signed into law three pieces of energy-related legislation Tuesday, saying the initiatives will help reduce greenhouse gas emissions and boost the renewables industry....
Sargent & Lundy official discusses San Juan retrofit, past success with Petra Nova Project
Hannah Grover, Farmington Daily TimesPublished 1:06 p.m. MT March 3, 2020 FARMINGTON — As plans to retrofit the San Juan Generating Station with carbon capture technology move forward, the Petra Nova Project at the W.A. Parish Generating Station in Texas is held up as...
Mayor says PRC hearing examiners’ recommended decision in SJGS case is a positive step
Hannah Grover, Farmington Daily TimesPublished 7:55 p.m. MT Feb. 24, 2020 FARMINGTON — The New Mexico Public Regulation Commission hearing examiners have recommended that the commission approve Public Service Company of New Mexico's application to abandon the San Juan...
Is proposal to capture carbon a boondoggle?
BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER Published: Saturday, February 22nd, 2020 at 11:20pm Updated: Sunday, February 23rd, 2020 at 11:21pm Copyright © 2020 Albuquerque Journal A new report by a think tank that favors renewable energy says plans to convert the...
Enchant Energy praises new IRS tax credit rules
BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER Published: Friday, February 21st, 2020 at 9:45pm Updated: Friday, February 21st, 2020 at 11:19pm ALBUQUERQUE, N.M. — The Internal Revenue Service released its first guidance this week on federal tax credits for carbon...
New Mexico’s San Juan coal carbon capture project could put investors at risk for $450M: IEEFA
AUTHOR Catherine Morehouse PUBLISHED Feb. 13, 2020 Dive Brief: A company proposing to retrofit the San Juan coal plant with carbon capture is underestimating the project's cost and overestimating its viability, according to a report released Wednesday. Project...