new jersey
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News
CEOs Say Preserving the Nuclear Power Fleet Is Imperative
Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]
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News
States Take Lead with Plans for 100% Carbon-Free Energy
Minnesota and Wisconsin recently joined the list of states aiming for a 100% clean-energy future, while some Illinois lawmakers are pushing for not only carbon-free power, but also 100% renewable energy. Minnesota Gov. Tim Walz (D) was the latest to announce a set of policy proposals designed to lead his state’s electricity sector to 100% […]
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News
PSEG: Nuclear Plants Will Soon Close Without Subsidies
Public Service Enterprise Group (PSEG) has again told New Jersey officials it needs subsidies to continue operating its three nuclear power units in the state, reiterating that without financial help it will begin closing its Hope Creek Generating Station and Salem Nuclear Power Plant as early as 2022. The three reactors are the only remaining […]
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Press Releases
New Jersey BPU Approves Community Solar Pilot Program
Community solar will begin serving NJ renters, low-income families, businesses within two years January 17, 2019 (Trenton, N.J.) – Today the New Jersey Board of Public Utilities (BPU) approved rules for a new community solar pilot program that will give many renters, low-income families, businesses, and others an easy and affordable way to go solar […]
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Video
Oldest U.S. Nuclear Plant Shuts Down
The Oyster Creek Nuclear Generating Station in New Jersey, the oldest operating nuclear plant in the U.S., was shut down September 17. Workers marked the closure with a ceremony at the plant, as 400 current employees and former workers watched via a livestream as operators took the plant offline. Oyster Creek, a 625-MW single-reactor plant […]
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Commentary
Power Struggle: Cannabis Growers Face High Energy Costs in New Jersey
New Jersey is yet another state expanding public access to cannabis for medical purposes and is poised to legalize access for recreational use. This means energy service providers and public utilities will
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Legal & Regulatory
Exelon Cuts Jobs Ahead of Oyster Creek Closure
The first of about 400 workers remaining at the soon-to-close Oyster Creek Nuclear Generating Station in New Jersey will begin leaving their jobs over the next few weeks, according to a notice filed this month by Exelon Corp. with the state’s Department of Labor and Workforce Development. The Worker Adjustment and Retraining Notification (WARN) filing […]
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Renewables
New Jersey Nuclear and Renewable Energy Bills Signed by Governor
New Jersey Gov. Phil Murphy signed a few important energy bills on May 23 including one (S-2313) that establishes a zero emissions certificate (ZEC) program, which reportedly will provide the state’s nuclear power plants with $300 million a year in ratepayer subsidies. To qualify, the plants must demonstrate that they make a significant contribution to […]
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Nuclear
New Jersey Legislature Backs Nuclear Subsidies
New Jersey’s Assembly and Senate in separate actions on April 12 passed bills to ensure continued operation of PSEG’s Salem and Hope Creek nuclear power plants. Lawmakers also passed bills to modify the state’s renewable portfolio standards and for support of a pilot offshore wind farm. Legislation (S-2313/A-3724) directing the Board of Public Utilities (BPU) […]
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Renewables
New Jersey Lawmakers to Vote on Nuclear Subsidies, Renewables, Offshore Wind Bills
New Jersey’s Assembly and Senate are both poised to vote on controversial bills that seek to subsidize the state’s nuclear power plants, modify the renewables portfolio standard, and support a pilot offshore wind farm. Lawmakers on April 12 could pass the package of bills, which includes S-2313, a bill directing the Board of Public Utilities […]
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