new jersey
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Legal & Regulatory
Proposed Power Plant Sparks Debate in New Jersey
Debate continues over a proposed $1.5 billion power plant that would be built in North Bergen, New Jersey, and would send electricity to New York City. The project includes a 1,200-MW combined cycle facility, along with a 6.5-mile 345-kV underground and submarine cable that would go through Bergen County, under the Hudson River, and connect […]
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Nuclear
Exelon Will Close Oyster Creek Nuclear Plant Earlier than Anticipated
Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with the state of New Jersey. Exelon agreed in 2010 to close the unit by December 2019—10 years before its license to operate expires—after it decided […]
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Legal & Regulatory
PSEG’s Izzo Blasts Power Company Opposition to Revived New Jersey Nuclear Subsidy Bill
Public Service Enterprise Group (PSEG) President and CEO Ralph Izzo gave NRG Energy a tongue-lashing for its pointed opposition of subsidies for PSEG’s two New Jersey nuclear power plants. The tense moment at a January 25 legislative hearing that sought to revive the measure is illustrative of a growing chasm within the power sector about the […]
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Legal & Regulatory
Despite New Jersey Senate Vote on Nuclear Subsidies, Bill May Not Clear Lame-Duck Session
New Jersey’s full Senate is scheduled on January 4 to vote on a bill to subsidize two of the state’s nuclear power plants. However, industry observers posit that the measure won’t clear the full Assembly before the state legislature’s lame-duck session ends on January 9. S.3560 was introduced on December 14 after a preliminary hearing earlier […]
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Nuclear
New Jersey Considers Nuclear Subsidies for PSEG Plants
New Jersey lawmakers are exploring whether to legislatively prop up future operation of two nuclear power plants in the state, holding a hearing on December 4 in which key stakeholders sounded off on how nuclear subsidies could affect the environment, the economy, and the power market. The hearing, jointly held by the state Senate Environment […]
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Legal & Regulatory
Eastern States Expand Emission Cuts as Part of Cap-and-Trade
Nine states in New England and the Mid-Atlantic region have said they will cut emissions from power plants by 65% below 2020 levels by 2030, expanding a cap-and-trade program designed to reduce carbon output usually associated with power plants. States in the Regional Greenhouse Gas Initiative (RGGI) agreed to increase emissions cuts by an additional […]
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Renewables
New Jersey Backs Studies for Microgrid Projects
New Jersey officials this week said the state’s Board of Public Utilities is funding feasibility studies for a series of microgrids across the state that could provide needed power to municipalities at times of critical need, such as after a natural disaster. The board said the idea is designed to further the State Energy Master […]
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Coal
PSEG Will Retire Two New Jersey Coal Power Plants
Public Service Enterprise Group (PSEG) will close the 620-MW Hudson Generation Station in Jersey City, N.J., and the 632-MW Mercer Generation Station in Hamilton Township, N.J., on June 1, 2017. “The sustained low prices of natural gas have put economic pressure on these plants for some time. In that context, we could not justify the […]
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Legal & Regulatory
The Perils of Second-Guessing FERC
It’s axiomatic that state governments believe they can manage their own affairs better than the federal government. But our system reserves certain bailiwicks for federal oversight, and one of those is the
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Wind
Court Orders BPU to Reconsider Atlantic City Wind Farm Rejection
A New Jersey court has ordered the state’s Board of Public Utilities (BPU) to reconsider its rejection of a $188 million offshore wind farm that is planned along the Atlantic City coast. The Appellate Division of the Superior Court of New Jersey on Aug. 18 ruled in favor of Fishermen’s Energy when it gave the […]
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