By Michael Yoder and Rich Heidorn Jr. FERC has ruled that two merchant transmission operators in New Jersey are still liable for some cost allocations under PJM’s Regional Transmission Expansion Plan (RTEP) despite converting from firm to non-firm service after the cancellation of the "Con Ed-PSEG wheel" in 2017 (ER18-680).

By Michael Yoder New Jersey regulators have taken the first step in determining whether the state should remain in PJM’s capacity market or to go in a different direction to meet the state’s electricity needs. The New Jersey Board of Public Utilities (NJBPU) voted March 27 to investigate if staying...

By Rich Heidorn Jr. New Jersey Gov. Phil Murphy said Friday the state will procure the remainder of its 7,500-MW offshore wind goal in five solicitations through 2028. Murphy issued an executive order last November directing state officials to acquire 7,500 MW of offshore wind by 2035. The state awarded...

By Rich Heidorn Jr. Public Service Enterprise Group CEO Ralph Izzo expressed skepticism Wednesday that New Jersey utilities will abandon the PJM capacity market over the expanded minimum offer price rule (MOPR). "We will work cooperatively with the Board of Public Utilities in New Jersey and PJM to find the...

By Rich Heidorn Jr. New Jersey Gov. Phil Murphy on Monday released an updated Energy Master Plan outlining how the state will meet its goal of 100% "clean energy" and an 80% reduction in statewide greenhouse gas from 2006 levels by 2050. Gov. Phil Murphy announced New Jersey's revised Energy...

By Rich Heidorn Jr. WASHINGTON — A top PJM official on Wednesday suggested states embrace carbon pricing rather than exit the RTO’s capacity market in response to FERC’s controversial order expanding the minimum offer price rule (MOPR). "We’ve had a proposal on our website for two years now [on] how...

By Christen Smith New Jersey doubled its offshore wind goal on Tuesday, committing the Garden State to develop 7,500 MW of generation by 2035 in hopes of becoming the "nexus of the global offshore wind industry." Gov. Phil Murphy, flanked by First Lady Tammy Murphy and former Vice President Al...

By Christen Smith PJM’s state advocates and regulators want the organization to focus on external candidates as it continues the search for a new CEO — someone capable of prioritizing policy goals above "comity" with neighboring RTOs and ISOs. Leaders from the Organization of PJM States Inc., the New Jersey...

By Michael Brooks Ørsted’s 1,100-MW Ocean Wind project won the New Jersey Board of Public Utilities’ first offshore wind power solicitation last week, setting the record for the single largest award for the resource in the U.S. The board selected Ocean Wind over two other projects: Atlantic Shores Offshore Wind,...

By Christen Smith New Jersey regulators approved zero-emission credits totaling $300 million for all three of the state’s nuclear reactors on Thursday, nearly a year after the governor signed off on an ambitious energy plan aimed at boosting the use of carbon-free resources to 50% over the next decade. The...