This week, the State Board of Public Utilities held the first of its three planned days of public hearings on the Draft Energy Master Plan (EMP). The draft EMP sets the goals of the State for energy generation and consumption for the next 30 years. This draft EMP sets a goal of 100% clean energy […]
The Clean Energy Act, signed by Governor Murphy on May 23, 2018, included provisions that were updated by the BPU on Oct. 29. Please click here to read the update.
State Board of Public Utilities President Joseph Fiordaliso told a room packed with business leaders on Friday that Gov. Phil Murphy’s ambitious plan for the state to convert to 100 percent clean energy by 2050 will pay dividends for the economy, not just the environment. “New Jersey is at the forefront of an energy revolution […]
Noting New Jersey now has the highest electric rates in the PJM power grid, NJBIA Chief Government Affairs Officer Chrissy Buteas raised concerns at a public hearing today about the impact the state’s offshore wind energy plan will have on ratepayers. “It will likely be these ratepayers who are asked to subsidize a long-term effort […]
BPU Joins National Offshore Wind Research and Development Consortium On June 21, the state of New Jersey announced its intention to join the National Offshore Wind Research and Development Consortium as a board member and public sponsor. The $18.5 million consortium is administered by the New York State Energy Research and Development Authority. BPU Begins […]