The coal-fired San Juan Generation Station in New Mexico is not going to shut inside two years as anticipated, however might function for a number of years past that, as its new homeowners elevate funds for a large carbon-capture facility on the location.
Various information reviews point out that Enchant Energy, which is shopping for the San Juan coal-fired plant from utility Public Service Co. of New Mexico (PNM), will want extra time to transform the ability right into a carbon-capture plant. Thus, the carbon emitting facility might run as is thru 2025, in response to the Albuquerque Journal report.
PNM acquired state regulatory approval final yr to drop its stake within the San Juan facility in Farmington, N.M. The firm is now within the midst of a merger take care of Avangrid.
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A staff together with Enchant Energy founders Larry Heller and Jason Selch, and town of Farmington, stepped in to try to save San Juan from the closures impacting so lots of the nation’s coal-fired items. Their answer was to transform San Juan right into a CO2 sequestration undertaking, hopefully maintaining the plant and jobs going whereas eliminating carbon emissions.
The information reviews, nonetheless, point out that the Enchant staff is having bother elevating all the cash it wants for the conversion undertaking. Some reviews have put the worth tag at about $1.four billion.
PNM introduced plans to shut the San Juan items seven years in the past. The coal-fired plant shouldn’t be a part of the PNM-Avangrid deal.
San Juan Units 1 and four, which produce greater than 900MW at capability, had been accomplished and commissioned within the mid-1970s and early ‘80s, respectively. Units 2 and three had been retired 4 years in the past, in response to reviews.
Originally revealed on power-eng.com
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