New Jersey
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.
New Jersey’s Board of Public Utilities released an update to its proposed Storage Incentive Program that changes how the subsidies for utility-scale projects are determined as the state shoots for 2,000 MW of total capacity by 2030.
On top of its 350 MW of current data center load, PSEG has received formal applications for nearly 400 MW of new data center load and inquiries on over 1,200 MW in data center feasibility studies in new business.
Barely three months after it was launched, New York’s fifth offshore wind solicitation has its first casualty.
FERC Order 1920 eventually may provide a structure for long-term, interregional transmission planning, but its anticipated yearslong implementation could mean states will have to lead in planning nearer-term transmission needs, according to a report from the American Council on Renewable Energy and The Brattle Group.
An unprecedented heat wave that triggered a double-digit hike in residential use in New Jersey is being blamed for dramatic spikes in customer electricity rates over the summer.
With data centers, electric vehicles and population growth, electricity demand in New Jersey could soar to 15,000 GWh in the coming years, state officials said at a public hearing on a new plan for connecting offshore wind projects to the grid.
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