Enchant Energy focuses on capturing carbon dioxide (CO2) from coal power plants for sequestration. The company has invested (95% stake) in San Juan Generating Station (SJGS), a coal power plant in New Mexico.
In January 2020, Enchant Energy and Westmoreland Mining Holdings signed a memorandum of understanding (MoU) to establish a coal supply agreement with the aim of adding carbon capture to SJGS. As of October 2021, Enchant Energy’s initial plan of transforming the SJGS into a carbon capture facility by January 2023 was behind schedule. The company expects to start construction in July 2022.
In April 2020, the carbon capture project at SJGS benefited from USD 22 million awarded by the US Department of Energy to the New Mexico Institute of Mining and Technology (New Mexico Tech), where the project analysis was housed.
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