Economic Review of Public Service Company of New Mexico's Proposed Acquisition


On behalf of New Energy Economy, Synapse evaluated the economic modeling performed by Public Service Company of New Mexico in support of its application for certificate of public convenience and necessity for the acquisition of San Juan Generating Station (SJGS) unit 4 and Palo Verde 3 as replacement resources for the abandonment of SJGS units 2 & 3. Dr. Jeremy Fisher reviewed the Company’s economic modeling using the Strategist model, a common capacity-expansion model often used to evaluate long-term resource decisions, and provided recommendations to the New Mexico Public Regulation Commission in the form of direct testimony.

Project completed December 2014