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December 25, 2024

New Jersey

Peretzp, CC BY-SA 3.0, via Wikimedia
PSEG Awaits Federal Nuclear Plant Tax Credits
PSEG still is waiting to hear from the Treasury Department on the rules on the Production Tax Credits that are part of the Inflation Reduction Act.
© RTO Insider LLC
FERC Approves Rate Incentives for NJ OSW Transmission
FERC approved four rate incentives to Mid-Atlantic Offshore Development to serve offshore wind in New Jersey under the State Agreement Approach with PJM. 
NJ BPU
NJ Opens 2nd State Agreement Approach to Connect OSW with PJM
The New Jersey Board of Public Utilities has initiated a second state agreement approach with PJM to plan the transmission necessary to meet Gov. Phil Murphy's goal of installing 11 GW of offshore wind by 2040.
PJM
PJM Requests 2nd Talen Generator Delay Retirement
PJM has requested that Talen Energy continue operating a portion of its H.A. Wagner Generating Station an additional three years beyond its requested 2025 deactivation date.
PJM
Christie Blasts FERC Transmission Incentives in PATH, Brandon Shores Orders

FERC Commissioner Mark Christie used orders on two transmission projects to blast the commission’s “ridiculously generous” incentives.

PJM
PJM PC/TEAC Briefs: Dec. 5, 2023
PJM’s preliminary load forecast for 2024 sees higher growth for both summer and winter, driven by EVs, data centers and state incentivizes for heat pumps.  
Raritan Valley Community College
NJ Committee Mulls Making 100% Clean Energy by 2035 Law
The New Jersey Senate Environment and Energy Committee took testimony on a bill that would put into law the state’s goal to reach 100% clean energy by 2035.
Shutterstock
New Jersey Launches OSW Infrastructure Solicitation
Recent setbacks will not prevent the New Jersey BPU from moving forward with the state's commitment to offshore wind.
Shutterstock
Northeast States Detail Early Efforts on Interregional Tx Collaborative
Representatives from states working on the Northeast States Collaborative on Interregional Transmission spoke about the young effort, particularly about offshore wind connections.
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2023 Elections Bring Billions for Texas Gas, Dem Wins in Virginia, NJ
Voters OK'd billions for gas generation in Texas, while Democrats won legislative elections in New Jersey and Virginia with implications for energy policy.

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