New Jersey Board of Public Utilities (NJ BPU)
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.
The BPU approval gives offshore wind developer Invenergy time to find an economically viable turbine before committing more resources to the project.
The New Jersey Assembly Transportation and Independent Authorities Committee advanced legislation that would require utilities to submit tariffs for commercial direct current fast chargers (DCFCs) and limit their ability to set their rates based on peak demand.
New Jersey is adding to its efforts to cut medium- and heavy-duty vehicle emissions with plans to spend more than $300 million on two electric bus garages and to increase the use of clean cargo handling equipment at ports.
New Jersey’s Board of Public Utilities awarded $3.4 million in grants to 18 proposals under a new program designed to help municipalities implement clean energy projects.
The Market Implementation Committee endorsed a PJM proposal to revise how the capacity offered by energy efficiency resources is measured and verified, rejecting competing proposals from EE providers and the Monitor.
The D.C. Circuit Court of Appeals vacated and remanded an order by FERC approving a natural gas pipeline in New Jersey that state regulators said was unneeded.
One of the proposals contains a rebid of a project that already holds a New Jersey contract
The shift in incentive strategy, toward low- and mid-income buyers, comes as New Jersey seeks to continue its recent relatively strong EV sales amid signs of weakening markets in other states.
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