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Arizona Public Service signs agreement for seasonal operations at Four Corners Power Plant

Daily Energy Insider Arizona Public Service signs agreement for seasonal operations at Four Corners Power Plant Published on March 16, 2021 by Dave Kovaleski © Shutterstock Arizona Public Service, an owner of the Four Corners Power Plant, is moving forward with plans to operate the plant seasonally starting in the fall of 2023. APS struck a deal with the other owners of the coal-fired plant, Navajo Transitional Energy Company (NTEC), Public Service Company of New Mexico (PNM), Salt River Project (SRP), and Tucson Electric Power (TEP). The agreement follows a transfer of ownership shares from PNM Resources to NTEC in 2024. The seasonal operation schedule will reduce carbon emissions while ensuring continued service for customers during Arizona’s notoriously hot summer months. The shift to seasonal operations will reduce annual carbon emissions by an estimated 20-25 percent. APS has committed to achieving 100 percent clean energy by 2050. The Four Corners Power Plant has al

Four Corners Power Plant unit will operate seasonally starting 2023

AZTEC   Starting in 2023, one of the two remaining units at the Four Corners Power Plant will only operate from June to October when customer demand is the highest in the southwest. Arizona Public Service Company announced this change in a press release on March 12. The other unit will continue generating electricity year-round. The press release states that moving to seasonal operations will make the power plant a more flexible resource and support the increase in clean energy. It states that this will compensate for the intermittent output of renewable resources. The change comes through an agreement between the plant owners, APS, Public Service Company of New Mexico, Navajo Transitional Energy Company and Tucson Electric Power.

PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant

PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant - New plans among plant owners moves Four Corners Power Plant to seasonal operations beginning in the fall of 2023, reducing annual carbon emissions by 20% - 25% - Continued plan for PNM to exit plant and transfer 13% ownership at the end of 2024 results in significant customer savings - Environmental benefits provide additional support for abandonment and securitization filing - Customer savings, community support and environmental benefits demonstrate comprehensive approach to Environmental, Social, Governance (ESG) Strategy News provided by Share this article Share this article ALBUQUERQUE, N.M., March 12, 2021 /PRNewswire/ PNM, the wholly-owned New Mexico utility subsidiary of PNM Resources (NYSE: PNM), has enhanced its plan to exit the coal-fired Four Corners Power Plant with additional plans for seasonal operations at the plant beginning in the fall of 2023.

PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant

PNM Underscores ESG Strategy with Additional Plan to Reduce Emissions at Four Corners Power Plant
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