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Record low solar PPAs in the Southwest mean ‘carbon capture is not going to save coal plants’
PV Magazine: With its approval of two El Paso Electric solar power purchase agreements (PPAs), the New Mexico Public Regulation Commission has sent the clearest signal yet about solar’s bright future in the Southwest. These recently approved solar PPAs could also spell trouble for proponents of retrofitting the state’s San Juan Generating Station so that it can capture the coal-fired plant’s carbon dioxide emissions.
“The significance of this is that carbon capture is not going to save coal plants,” said David Schlissel, director of resources planning analysis at the Institute for Energy Economics and Financial Analysis (IEEFA).
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