Friday, May 29, 2015

PNM official discusses San Juan plan with Silver City Council


A senior vice president of PNM gave the Silver City Town Council a presentation on the controversial proposal to keep open two coal-burning units at the San Juan Generating Station on Tuesday. Ron Darnell, senior vice president for Public Policy for PNM Resources, gave a presentation to the councilors, but not before a half dozen residents opposed to the utility's plans for San Juan got their chance to speak. "PNM's senior executives' primary concern seems to be to maximize profits for their shareholders," said resident Tom Manning. "They have shown that they are willing to do this with disregard for the economic and environmental concerns of the taxpayers." PNM is in the process of seeking approval from the state Public Regulation Commission to shut down two of four coal-burning units at the San Juan Generating Station in Farmington. The utility company plans on replacing some of that lost production capacity with energy imported from an Arizona nuclear power plant. Environmentalists want the PRC to force the shutdown of all four units...more

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