farmington – Thinking Port

City Backs Deal for CCS Technology to Save New Mexico Coal Plant

August 19, 2019 admin acme equities, Coal, farmington, farmington electric utility, hedge fund, Legal & Regulatory, NEW MEXICO, news, pnm, public service co. of new mexico, san juan generating station, Technology

Credit to Author: Darrell Proctor| Date: Mon, 19 Aug 2019 17:50:33 +0000

The Farmington, New Mexico, city council on Aug. 15 unanimously approved a deal to transfer 95% of the ownership interest of the coal-fired San Juan Generating Station (SJGS) to Enchant Energy, a company run by executives of a New York-based hedge fund that wants to utilize what it calls “state-of-the-art environmental technology” to capture carbon […]

The post City Backs Deal for CCS Technology to Save New Mexico Coal Plant appeared first on POWER Magazine.

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Carbon Capture Proposed to Save New Mexico Coal Plant

March 3, 2019 admin acme equities, Business, carbon capture and sequestration, CCS, Coal, farmington, Legal & Regulatory, Legislative, NEW MEXICO, news, pnm, public service co. of new mexico, san juan generating station

Credit to Author: Darrell Proctor| Date: Sun, 03 Mar 2019 18:43:20 +0000

The New York-based hedge fund aiming to take over New Mexico’s San Juan Generating Station (SJGS), targeted for closure by state lawmakers, wants to refit the 46-year-old, coal-fired plant to use carbon capture and sequestration (CCS) technology. Acme Equities LLC said last week that retrofitting the 847-MW plant with CCS technology would cut carbon emissions […]

The post Carbon Capture Proposed to Save New Mexico Coal Plant appeared first on POWER Magazine.

Magazines

Groups Reach Deal to Keep New Mexico Coal Plant Open

February 24, 2019 admin acme equities, Business, California, Coal, farmington, four corners economic development, Legal & Regulatory, NEW MEXICO, news, public service co. of new mexico, Renewables, san juan generating station

Credit to Author: Darrell Proctor| Date: Sun, 24 Feb 2019 18:30:22 +0000

A private New York-based real estate investment company that focuses on North American energy projects has reached an agreement with officials in Farmington, New Mexico, to keep the coal-fired San Juan Generating Station open beyond 2022. The city is part-owner of the 847-MW plant, and the other owners—which include Tucson Electric Power, Los Alamos County, […]

The post Groups Reach Deal to Keep New Mexico Coal Plant Open appeared first on POWER Magazine.