New Jersey
Christine Guhl-Sadovy, president of the New Jersey Board of Public Utilities, has a lot to do and little time to do it in.
Facing a 40% hike in electricity demand by 2030, New Jersey needs to rapidly craft a plan on how to boost generation and develop its transmission and distribution system, speakers at a conference on the state’s energy future said.
Public Service Enterprise Group saw an “over-12-fold” increase in mature leads and inquiries from customers exploring “large load and data center projects” over the past year, CEO Ralph LaRossa said in the utility’s fourth-quarter earnings call.
PJM is in discussions with Pennsylvania Gov. Josh Shapiro to work toward a resolution on his complaint to FERC asking it to lower the price cap of the RTO’s capacity market.
New Jersey in 2025 faces the added uncertainty of a likely contentious governor’s race to replace clean energy champion Gov. Phil Murphy and his release of a new energy master plan.
Solar developers are urging the New Jersey Board of Public Utilities to extend the completion timelines in the agency’s proposed storage development plan.
Several state consumer advocates filed a complaint at FERC alleging PJM’s capacity market is failing to mitigate market power, overestimating future load and producing high clearing prices that generation owners cannot act on.
New Jersey’s Board of Public Utilities released an update to its proposed Storage Incentive Program that changes how the subsidies for utility-scale projects are determined as the state shoots for 2,000 MW of total capacity by 2030.
On top of its 350 MW of current data center load, PSEG has received formal applications for nearly 400 MW of new data center load and inquiries on over 1,200 MW in data center feasibility studies in new business.
Barely three months after it was launched, New York’s fifth offshore wind solicitation has its first casualty.
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