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November 25, 2024

New Jersey Board of Public Utilities (NJ BPU)

NJ Releases Draft Offshore Wind Plan
New Jersey has released a plan detailing how it will procure 7,500 MW in offshore wind resources as part of its goal to reach 100% clean energy by 2050.
NJ Regulators Weighing Input on Capacity Market Exit
The New Jersey BPU received dozens of comments on how it should respond to PJM's expanded MOPR. State regulators initiated the investigation to determine if staying in the capacity market will increase consumer costs or impede the state's goals of 100% clean energy sources by 2050.
NJ Solar Program Amended for COVID-19 Interruptions
The New Jersey BPU extended the SREC program deadline for solar developers who were prevented from receiving approval for projects due to pandemic-related disruptions.
Solar Subsidy Program Ending in New Jersey
New Jersey is winding down a solar energy program that helped place the state near the top of solar production in the country.
FERC Rejects Cost Formula for NJ Merchant Tx
FERC ruled two merchant transmission operators in New Jersey are liable for cost allocations under PJM’s RTEP despite converting from firm to non-firm.
N.J. Investigating Alternatives to PJM Capacity Market
New Jersey officials have taken the first step in determining whether the state should remain in PJM’s regional capacity market or go in another direction.
PJM’s MOPR Quandary: Should States Stay or Should they Go?
RTO Insider held a webinar with regulators from five of PJM’s biggest states to find out how they plan to respond to FERC’s Dec. 19 order expanding MOPR.
FERC Rejects Rehearing over PJM-NYISO Proxy Bus
FERC rejected a request to rehear its ruling approving changes to the PJM-NYISO joint operating agreement reflecting a new operational plan for interfaces between New York and New Jersey.
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.

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