New Mexico regulators approve utility plan to shut San Juan coal plant, sell Four Corners stake

first_imgNew Mexico regulators approve utility plan to shut San Juan coal plant, sell Four Corners stake FacebookTwitterLinkedInEmailPrint分享Santa Fe New Mexican:The state Public Regulation Commission on Wednesday unanimously accepted a Public Service Company of New Mexico three-year plan that calls for shuttering two coal-fired power plants in the northwestern part of the state and more reliance on renewable energy, along with natural gas and nuclear energy.Every three years, PNM files an Integrated Resource Plan as a general road map of how the company plans to provide cost-effective, reliable energy.Patrick O’Connell, the utility’s director of planning and resources, said after the meeting that commission acceptance of the plan is just a first step. Next year, he said, the utility will submit specifics on the closing of the San Juan Generating Station — the first power plant it wants to shutter — by 2022. PNM plans to close the nearby Four Corners Power Plant by 2031.It took the commission more than a year to accept the PNM plan. Civic leaders in San Juan County and the city of Farmington wanted to see more specific plans for easing the economic pain expected when the power plants and adjacent coal mines are closed.Some environmentalists also objected. Santa Fe-based New Energy Economy had argued that the plan should include more solar and wind energy than what PNM proposes.More: PRC accepts PNM integrated resource planlast_img read more

2018: The ‘Year of AI and Machine Learning’ for financial marketers

first_img 11SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading » The people who have selected your organization as their primary financial institution, or are considering doing so, see more offers and content in a day than ever before. They see marketing messages everywhere they look and on every channel they engage with. Making matters worse, the vast majority of these consumers engage with one of your well-trained customer service representatives less than they ever have in the past. Bottom line, financial marketers have their work cut out for them.The only viable and potentially scalable solution is content that is so personalized and relevant that it’s impossible to ignore. We need to look for ways to communicate to an ‘audience of one,’ using artificial intelligent (AI) systems that constantly work in the background to enhance every step of the customer journey. We need to leverage new tools that were previously only available to the very largest companies with huge support staffs.True personalization at scale requires advanced analytics, which is why banks and credit unions of all sizes are using AI and machine learning to customize all components of the marketing mix. Your marketing team can no longer postpone using AI-powered solutions in your content development, offer selection, segmentation and targeting, website integration, customer service/support, product pricing and churn management.last_img read more