BY KEVIN ROBINSON-AVILA / JOURNAL STAFF WRITER
Monday, December 9th, 2019 at 12:02am
Farmington and Enchant Energy Corp. are aggressively pursuing a plan to convert the coal-fired San Juan Generating Station into the world’s largest carbon-capture and sequestration facility, despite broad skepticism about the project’s feasibility and benefits.
The city signed an agreement in August with Enchant Energy for it to take over ownership of the power plant and retrofit it after Farmington acquires the facility from Public Service Company of New Mexico and three other co-owners, who plan to abandon San Juan in 2022. Farmington owns a 5% stake in the plant and wants it to remain open to continue consuming electricity from the facility, save nearly 500 jobs at the plant and nearby San Juan Coal Mine, and allow local tax income from plant operations to keep flowing.