pnm is closing the san juan coal plant. so what’s … · mexico’s energy future. each of the...
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* 140 MW of wind resources pending approval in Renewable Portfolio Case and included in SJ modeling inputs. ** Carbon reductions based on 2005 levels in alignment with the Paris Agreement.*** Based on an average monthly PNM residential customer bill (600 kWh/month). First full year revenue requirement.**** 144 MW (over 1 million mWh per year) to power Carbon Sequestration Machinery***** Net carbon emissions di�cult to calculate due to: 1. Capture technology is presumed at a high capture rate 2. The high capture rate is unproven at this scale 3. Each captured CO2 ton increases fossil fuel production
CLOSE SAN JUAN COAL PLANT
CLOSE SAN JUAN COAL PLANT
CLOSE SAN JUAN COAL PLANT
1: RECOMMENDED SCENARIO HYBRID
2: SCENARIO SAN JUAN LOCATION
The Utility Balancing Act:
3: SCENARIO NO NEW FOSSIL FUEL
4: SCENARIO ALL RENEWABLES
PNM is transitioning away from coal and moving to a more sustainable energy future. As we prepare to close the coal-�red San Juan Generating Station, we must determine how to replace the power from this plant. We have looked at four scenarios to help shape New Mexico’s energy future. Each of the scenarios has bene�ts and challenges and we are recom-mending a plan that saves customers money, has one of the highest utility integration of battery storage in the U.S., with one of the largest solar facilities in the U.S., and minimizes new technology risks. Learn about all of the scenarios at PNM.com/PoweringTheFuture.
Model inputs to minimize energy storage technology risks: - Up to 40 MW battery storage per location; largest single location currently operating a utility battery - 130 MW of battery storage is equivalent to 5% of PNM peak load - Battery energy storage combined with solar for low costs
PNM IS CLOSING THE SAN JUAN COAL PLANT.SO WHAT’S NEXT? REVISED NOVEMBER 2019
COST
RELIABILITYENVIRONMENT
PNM.com/PoweringTheFuture
CO259%
**
CO2
62%**
TOTAL PLAN COST
* *
**
DRAFT*
CLOSE SAN JUAN COAL PLANT
*
CO2
67%**
CO2
65%
COST VS RECOMMENDED PLAN
280 MWIN SAN JUAN AREA SCHOOL DISTRICT
476 MWIN SAN JUAN AREA SCHOOL DISTRICT
40 MWIN SAN JUAN AREA SCHOOL DISTRICT
0 MWIN SAN JUAN AREA SCHOOL DISTRICT
140 MW 140 MW 140 MW 1199 MW
30MW
100 MW
440 MW
0 MW410 MW
0 MW 0 MW280 MW
130 MW
350 MW 500 MW 975 MW
COST VS RECOMMENDED PLAN
$4,673M$4,732M/(+$54M) $4,834M/(+$156M) $5,452M/(+$774M)
Reliability withinstandards (Few to no black outs)
Reliability withinstandards (Few to no black outs)
Technology challenges reliability (Possible black outs)
Reliability NOT within standards (Black outs probable)
$17.8 M SEVERANCE FOR AFFECTED WORKERS
$2.8 M NEW TRAINING $20 M SAN JUAN COMMUNITY
$17.8 M SEVERANCE FOR AFFECTED WORKERS
$2.8 M NEW TRAINING $20 M SAN JUAN COMMUNITY
$17.8 M SEVERANCE FOR AFFECTED WORKERS
$2.8 M NEW TRAINING $20 M SAN JUAN COMMUNITY
$17.8 M SEVERANCE FOR AFFECTED WORKERS
$2.8 M NEW TRAINING $20 M SAN JUAN COMMUNITY
0 MW
0 MW
476 MW
$4,678 M
570 MW
$6.87 $7.11 Monthly Savings***
COST VS RECOMMENDED PLAN
$6.55 $6.53 Monthly Savings***
$7.42 $7.57Monthly Savings***
$0.25 $1.65Monthly Savings***
$4,717M/(+$44M) $4,837M/(+$164M) $5,454M/(+$781M)
60%
CARBON SEQUESTRATIONALTERNATIVE (UPDATED)
-*****
Replacement generation resources shown above are proposed resources to replace Megawatts (MW) from the closure of the coal �red San Juan Generating Station not the entire PNM generation portfolio.
*
497 MW+IN SAN JUAN AREA SCHOOL DISTRICT
140 MW
? MW
? MW
? MW
COST VS RECOMMENDED PLAN
$5,016M/(+$343M) to
$0 M SEVERANCE FOR AFFECTED WORKERS$0 M NEW TRAINING
$0 M SAN JUAN COMMUNITY
Range from $0.46 Monthly Savings**
to Monthly Increase of $10.37
497 MW
$6,007M/(+$1.3 BIllion)
(353 MW)****
Technology challenges reliability
CO2
+? %
? %