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November 5, 2024

New Jersey

NJ Sets Schedule for OSW Procurements
New Jersey Gov. Phil Murphy said the state will procure the remainder of its 7,500-MW offshore wind goal in five solicitations through 2028.
PSEG’s Izzo Skeptical of FRR Option
PSEG CEO Ralph Izzo expressed skepticism that New Jersey utilities will abandon the PJM capacity market over the expanded minimum offer price rule.
NJ Unveils Plan for 100% Clean Energy by 2050
New Jersey Gov. Phil Murphy outlined how the state will meet its goal of 100% “clean energy” and an 80% reduction in greenhouse gas by 2050.
PJM: Carbon Pricing the Answer to Subsidy Dispute
A PJM official urged officials to embrace carbon pricing rather than exit the capacity market in response to FERC expanding the minimum offer price rule.
New Jersey Doubles OSW Target
New Jersey doubled its offshore wind goal, committing to 7,500 MW of generation by 2035 in hopes of being the “nexus of the global offshore wind industry.”
States, Regulators: Look Outside PJM for Next CEO
PJM’s state advocates and regulators want the organization to focus on external candidates as it continues the search for a new CEO.
Orsted Wins Record Offshore Wind Bid in NJ
Orsted’s 1,100-MW Ocean Wind project won the New Jersey Board of Public Utilities’ first offshore wind power solicitation.
NJ Approves $300M ZECs for Salem, Hope Creek Nukes
The New Jersey Board of Public Utilities approved zero-emission credits totaling $300 million for the Hope Creek and Salem nuclear plants.
OSW Industry Urges Cooperation as States Covet Jobs
At the Business Network for Offshore Wind’s 2019 International Partnering Forum, the talk was about jobs and contracts the industry would bring to states.
Perceiving Lack of Support, NJ Seeking Bigger Voice at PJM
New Jersey Assemblyman John Burzichelli told attendees at an offshore wind conference that he has concerns about the state's lack of influence in PJM.

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