PNM plans to replace that capacity largely with solar and natural gas, though storage could play a role as prices continue to drop. New Mexico's utility regulators have agreed to halt all coal-fired energy generation by 2031 . The Integrated Resource Plan , initially proposed by the Public Service Company of New Mexico (PNM), recommends the closure of the 847 MW San Juan coal plant by 2031 as well as winding up its ownership stake in the Eastern New Mexico coal plant by 2022 . The energy generation capacity is likely to be replaced by a combination of solar power and natural gas, making PNM close to nearly 70% emissions free by 2022 , while allowing it to shift from expensive, fixed-cost coal schemes towards more load-flexible plans.
New Mexico's utility regulators have agreed to halt all coal-fired energy generation by 2031 . The Integrated Resource Plan , initially proposed by the Public Service Company of New Mexico (PNM), recommends the closure of the 847 MW San Juan coal plant by 2031 as well as winding up its ownership stake in the Eastern New Mexico coal plant by 2022 . The energy generation capacity is likely to be replaced by a combination of solar power and natural gas, making PNM close to nearly 70% emissions free by 2022 , while allowing it to shift from expensive, fixed-cost coal schemes towards more load-flexible plans.