Beyond Coal

Beyond Coal

PNM Financial Reports and Analysis

PNM Analysis (by David Van Winkle):

  • Residential rates have increased by 41% from 2008, with 1% of this due to energy efficiency and none due to renewable energy.
  • PNM Resources, the parent company of PNM Electric, sold a Texas business for $270M in November 2011 and the Board authorized the company to buy back $230M of shares. 80% of PNMR shares are owned by financial institutions.
  • Compensation for the top five executives was $8.3M in 2010, up by 68% since 2008.
  • All of their strategic goals are shareholder improvements. None related to customers, rate payers, employees, or the environment.
  • Earnings before taxes have increased from $6M in 2008 to about $150M in 2012, an increase of 2500%.
  • Base rates have increased by $182M from 2008 to 2012.
  • 79% of the base rate increase has gone to improving profits.

PNM’s 2011 Integrated Resource Plan

PNM filed it's Integrated Resource Plan on July 17, 2011. The Coalition for Clean Affordable Energy (CCAE), the Sierra Club and others filed an objection to the IRP in mid-August.

Attachments include the PNM IRP, several presentations made by PNM during the IRP process from September 2010 to June 2011.

The filing to the NM PRC by the various interveners is also attached.

This is a summary of the low-lights of the plan:

  • Continues business as usual
  • Does not comprehend any environmental laws in main plan.
  • Misses Renewable Energy Act requirement – 13% in 2030 vs law of 20% in 2020.
  • Excludes impact of new building codes in demand forecast.
  • Energy efficiency impact declines after 2020 – equivalent to removing CFLs
  • No serious consideration for transition from coal to clean energy

San Juan Generating Station (SJGS) Information

Intervention in the PNM, and NMED appeal of the EPA ruling on BART at San Juan

Op-ed published in Albuquerque Journal and Santa Fe New Mexican. Original draft created by David Van Winkle. Jeff Cappella edited it to make it appeal to a wider audience.

The official EPA rulings on BART for SJGS

NMED position on BART for SJGS, issued in June 2010 that shows that their position at that time was that SCR was required.

2005 Consent Decree required PNM and the other owners of SJGS to make certain reduction in pollution output

Four Corners Power Plant (FCPP) Information

The 11/18/2020 attachment is the APS presentation to the Arizona Corporation Commission that shows the financial costs of implementing pollution controls at FCPP and APS' plan to close units 1-3.

New Mercury rulings effect on N.M.

SJGS © WildEarth Guardians

On Dec. 21, the U.S. Environmental Protection Agency released the first-ever federal protections against toxic mercury from power plants. Mercury is a dangerous brain poison that poses a particular threat to prenatal babies and young children. Exposure in the bloodstreams of pregnant and nursing women can result in birth defects like learning disabilities, lowered IQ, deafness, blindness and cerebral palsy.

EPA Issues First-Ever Protections against Toxic Mercury

Coal - San Juan

EPA Issues First-Ever Protections against Toxic Mercury

Measure will protect New Mexico women and children from dangerous brain poison

Power plant sued over pollution controls

Originally published in the Santa Fe New Mexican on October 5 by Susan Montoya Bryan | The Associated Press

Coalition wants Four Corners to install state-of-the-art equipment to reduce emissions

ALBUQUERQUE — A coalition of environmental groups on Tuesday sued the owners of one of the nation's largest coal-fired power plants over allegations that the plant has failed to install the best available equipment to control pollution.

Local Advocates Join Global Effort to Solve Climate Change

Flash Mob © Lindsay Marisol Archuleta

Flash Mob Seeks End of Coal

Albuquerque – 9/24 -Today more than 100 activists held a flash mob at the New Mexico State Fairgrounds to demand solutions to climate change. With the motto Sol Not Coal on bandanas, signs and flyers, dancers and volunteers created a high-energy spectacle right in front of the State Fair’s natural resource pavilion.

Watch the video

PNM’s Integrated Resource Plan – Expect More Large Electricity Rate Increases

Wind turbines

The CCAE protest of the NM IRP was filed on August 17. The complete document is attached to this webpage

July 18 - “PNM’s Integrated Resource Plan (IRP) continues the same strategies that have caused the huge rate increases realized by PNM customers. PNM has already raised rates by 25% in recent years and is currently asking the Public Regulation Commission (PRC) for another 20% rate increase, bringing the total to 50% (1.25 x 1.20 = 1.50) in just a few years. At the same time, PNM is not doing nearly enough to mitigate future rate increases driven by its continued investment in old, dirty fossil-fuel power plants. New Mexicans would be better served by a more much aggressive implementation of energy efficiency and clean renewable energy.” Don Hancock, Chairman of the Coalition for Clean Affordable Energy, said Monday.

Healthy Air is Healthy for Our Economy

Solar PV - by DVW

Published on August 12 in the ABQ Journal with the title "Don't Believe PNM Lie: EPA Will Save Lives"

Published on August 14 in the Santa Fe New Mexican with the title "Clean air is healthy for our economy"

By David Van Winkle and Adella Begaye

Labored breathing, coughing, burning lungs. If you’ve done outdoor activity on a hot day with bad air quality, you may know the feeling. For a child with asthma, those high-smog days can bring on suffocating attacks. For someone with respiratory or cardiovascular problems, they can be fatal.

That’s why the recent news is so welcome that one of our region’s biggest air polluters – the San Juan Generating Station – will have to dramatically reduce its emissions. On Friday, Aug. 5, the EPA announced that it will require the nearly 40-year-old coal-burning power plant near Farmington to cut its nitrogen oxide emissions by more than 80 percent.

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