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July 3, 2024

New Jersey Board of Public Utilities (NJ BPU)

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NJ BPU Outlines $150M Building Decarbonization Plan
The New Jersey Board of Public Utilities has released a $50 million-a-year, three-year plan to cut building carbon emissions by prioritizing a shift from delivered fossil fuels to electric heat pumps.  
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NJ OSW Projects Face Public Funding Scrutiny
Public financial support for New Jersey’s offshore wind projects has come under scrutiny as Ørsted seeks to obtain access to federal tax credits.
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NJ BPU Pulls Offshore Tx Project Mod from Agenda After Complaint
New Jersey’s Board of Public Utilities pulled an agenda item modifying the state’s offshore transmission project after a Division of Rate Counsel complaint.
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NJ $1 Billion OSW Port and Marshaling Hub 60% Finished
New Jersey’s massive $1 billion play to jump start a new energy industry based on harnessing wind power is proceeding apace on the banks of the Delaware River.
New Jersey Chamber of Commerce
NJ Senate Approves Two BPU Commissioners
The New Jersey Senate approved two new commissioners to the state Board of Public Utilities, bringing the five-member board to full strength.
Michels Corporation
FERC Backstop Siting Proposal Runs into Opposition from States
FERC’s proposal to implement its backstop transmission siting authority from the Infrastructure Investment and Jobs Act ran into some opposition from states.
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PJM PC/TEAC Briefs: May. 9, 2023
PJM plans to allocate more than 2,000 MW of transmission headroom to generators that requested additional capacity rights under a transitional process.
Solar Landscape
Utilities’ Role Debated in NJ Community Solar Plan
Utilities are pushing back against a BPU proposal that would prevent them from owning or operating projects in New Jersey's permanent community solar program.
PSEG
PSEG Sees Fortunes Stoked by NJ OSW, EV Advances
PGEG's CEO said the company should get a boost from New Jersey’s second solicitation for offshore wind transmission upgrades and a deepening embrace of EVs.
N.J. BPU
New Jersey BPU Backs Plan for 2nd Grid Upgrade Process with PJM
The New Jersey BPU agreed to ask PJM to approve a plan for the state to undertake a second solicitation process under FERC’s State Agreement Approach.

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