PNM Perspective on EPA’s
Proposed Carbon Limit for New Power Plants

NEWS MEDIA CONTACT Valerie Smith Telephone: (505) 241-2892

March 30, 2012: “While we are still studying EPA’s proposed standard for carbon pollution from new power plants, the rule as drafted does not appear to affect our existing operations, including the San Juan Generating Station. That plant plays a critical role in our ability to provide affordable, reliable customer to 500,000 customers, and it meets all ambient air quality and health-based standards.

As for the draft rule’s potential impact on our future plans, we intend to add new natural gas capacity to our resource portfolio in the next few years, partially to help balance the renewable energy that we are adding to that portfolio. As drafted, this rule does not appear to affect those plans.

As proposed in our Integrated Resource Plan, now pending with the N.M. Public Regulation Commission, we expect to meet growing customer demand over the next decade with more natural gas and renewable capacity and more energy efficiency. We do not have plans to construct any new coal facilities any time in the foreseeable future.

As a result of these plans, PNM’s carbon emissions per megawatt hour generated for customers will continue to decline in the future.”

- Pat Vincent-Collawn, chairman, president and CEO of PNM parent company PNM Resources