New Mexico regulators have issued a final order outlining compliance requirements for the largest electric utility in the state, Public Service Company of New Mexico (PNM), under the Energy Transition Act (ETA). The order establishes a three-year compliance period for PNM to meet emissions limits set by the ETA, which restrict carbon dioxide emissions to 400 pounds per megawatt-hour.
Commission Chairman Pat O’Connell dissented, advocating for a one-year compliance period to ensure strict adherence to emissions limits. O’Connell argued that a three-year compliance period could allow PNM to emit higher levels of carbon dioxide in two years and then significantly reduce emissions in the third year to meet requirements.
However, other commissioners believe that the language in the ETA calls for a three-year compliance period and that annual reporting can provide necessary information on emissions levels. PNM had participated in drafting the ETA after announcing plans to close the San Juan Generating Station, a coal-fired power plant.
The delay in finalizing the compliance requirements has raised concerns about the implementation of the emissions limits on PNM. The commission discussed potential sanctions for non-compliance, with O’Connell suggesting that sanctions should benefit communities impacted by the closure of the power plant.
While the final order establishes a three-year compliance period, the commission emphasizes the importance of addressing climate change and ensuring that PNM meets emissions limits to protect the environment. The PRC aims to work closely with PNM to monitor emissions and ensure compliance with the ETA.
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Photo credit nmpoliticalreport.com
