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NTEC Provides Reliability During Unprecedented Weather Crisis

BROOMFIELD, Colo., Feb. 18, 2021 /PRNewswire/ --A During this unprecedented national weather crisis and resulting energy outages Navajo Transitional Energy Company (NTEC) is providing reliable energy resources to our customers as they operate critical power infrastructure across our country. As we watch subzero temperatures roll across the U.S., our thoughts are with the families suffering. NTEC is proud of our coal miners - supporting our utility customers with a reliable supply of coal as they work around the clock to keep families safe and warm. As other sources of electricity generation are hobbled by freezing temperatures, coal is a dependable and critical resource in the urgent efforts to power our communities. Many of NTEC's power utility customers have reported coal generation surging and operating at full capacity, despite electricity grids having limited coal assets remaining. Regional electricity grid operators are also reporting that more than 50% of electricity generation in their region is being produced by coal. We know a balanced energy portfolio is critical to the health and safety of our nation. This crisis highlights coal's place as a reliable baseload electricity generation resource as the world develops more stable renewable energy sources. As NTEC looks toward the future, we are actively diversifying our own energy portfolio with rare earth minerals, solar power, and effective energy storage. But, today, and into the future, our legacy coal products will be there to keep homes warm, hospitals powered, and economies moving. "We have been in contact with our customers since this crisis started, and we will continue to stand by them with the solutions needed to power and heat America during this difficult challenge," said Matt Babcock, VP of Sales & Marketing.
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