New Jersey
Gov. Phil Murphy called for PJM to be investigated by FERC with regard to the Base Residual Auction, while FERC Commissioner Christie says PJM staff is "deserving of praise."
The Evergreen Collaborative and consultant Synapse Energy Economics of Massachusetts released a report that predicts a 60% hike in residential bills will be reached by 2036 to 2040 if PJM continues on its current path.
New Jersey lawmakers pushed back on the state’s all-electricity, clean-energy strategy at a heated committee hearing, urging an all-the-above approach as PJM faced criticism for failing to foresee a dramatic hike in demand.
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.
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