NJBPU
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New Jersey Awards 2.7 GW of Offshore Wind Projects
New Jersey utility regulators have issued what officials are calling the largest combined award of offshore U.S. wind generation capacity to date. The New Jersey Board of Public Utilities (NJBPU) on June 30 awarded a total of 2.658 GW of offshore wind capacity to two groups, bringing New Jersey’s total planned capacity to more than […]
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POWER Digest [June 2021]
CNL Successfully Fabricates Advanced Small Modular Reactor (SMR) Fuel. Canadian nuclear science and technology organization Canadian Nuclear Laboratories (CNL) on April 13 announced it successfully fabricated
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New Jersey Opens Solicitation to Triple Offshore Wind Commitment, Outlines Pathway to 7.5 GW by 2035
New Jersey on Sept. 9 opened a second state offshore wind solicitation that could triple its committed capacity from 1.1 GW to 3.5 GW. The state this week also laid out a final strategy for how it will achieve its November 2019–expanded offshore wind target of 7.5 GW by 2035. New Jersey’s five-member Board of […]
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PSEG to Return to Regulation, Will Divest 6.7-GW Fossil, Solar Fleet
Public Service Enterprise Group (PSEG), New Jersey’s giant utility, has become the latest major U.S. power company to seek an exit from the competitive generation business. In a statement attached to the company’s second-quarter 2020 earnings results released on July 31, Ralph Izzo, PSEG chairman, president, and CEO, said the company is “exploring strategic alternatives” […]
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New Jersey’s First Offshore Wind Farm Will Be a Mammoth 1.1-GW Ørsted Project
Danish renewables firm Ørsted’s 1.1-GW Ocean Wind project is the winner of New Jersey’s first award for offshore wind, the New Jersey Board of Public Utilities (NJBPU) said on June 21. Ørsted, with support from Public Service Enterprise Group’s (PSEG’s) non-utility affiliate, vied for the award with two other offshore wind developers that submitted bids […]