new jersey
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Management
Another Major Leadership Shuffle: PSEG Gets New CEO
In another high-profile leadership shuffle at a major U.S. power generating company, PSEG’s longtime president and CEO Ralph Izzo on Sept. 1 passed leadership of the regulated infrastructure company to Ralph LaRossa, who was previously PSEG’s chief operating officer (COO). Izzo, who will continue to serve as executive chair of the PSEG board until December […]
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Offshore Wind
Burns & McDonnell Awarded Contract for Ocean Wind 1 Offshore Project
The first three major construction contracts have been awarded for the 1,100-MW Ocean Wind 1 offshore project that will provide electricity to New Jersey. Ocean Wind 1 is a joint venture between Ørsted and Public Service Enterprise Group (PSEG), which provides electricity for much of New Jersey. Those groups on April 25 announced Burns & […]
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Coal
New Jersey’s Last Two Coal Power Plants to Close within Months
The New Jersey Board of Public Utilities (NJBPU) approved a petition filed by Atlantic City Electric Co. (ACE) that modifies power purchase agreements (PPAs) and power sales agreements (PSAs) between ACE and Chambers Cogeneration Ltd. and Logan Generating Co., the last two coal-fired electricity generation units in New Jersey. Under the agreements, coal-fired generation will […]
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Press Releases
Navisun’s Community Solar Landfill Project in Linden, New Jersey to Expand Equitable Clean Energy Access as it Nears Completion
Repurposed Linden landfill site to provide more affordable solar energy and guaranteed savings for local residents Hingham, MA, August 16th, 2021 – Navisun LLC, a solar independent power producer that co-develops, acquires, owns, and operates distributed and small utility-scale solar projects, announced that its Linden Hawk Rise 4.5 MW community solar project in Union County, […]
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Commentary
Offshore Wind a Biden Priority, but Federal Permits Remain a High Hurdle
President Biden in March of this year announced plans to “jumpstart” offshore wind projects, making that renewable energy resource a focal point of his administration’s energy and environmental policies
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News
New Jersey Awards 2.7 GW of Offshore Wind Projects
New Jersey utility regulators have issued what officials are calling the largest combined award of offshore U.S. wind generation capacity to date. The New Jersey Board of Public Utilities (NJBPU) on June 30 awarded a total of 2.658 GW of offshore wind capacity to two groups, bringing New Jersey’s total planned capacity to more than […]
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News
PSEG Power Closes Last Coal Plant, Explores Divestiture of Other Fossil Assets
PSEG Power retired its Bridgeport Harbor Station Unit 3 (BHS 3, Figure 1) on May 31. The unit, located in Bridgeport, Connecticut, was the last remaining coal-fired power plant in the company’s fleet. “The retirement of Bridgeport Harbor Station Unit 3 marks the end of an era for the City of Bridgeport and the citizens […]
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Press Releases
Navisun Expands Its Distributed Generation Portfolio – Acquires New Community Solar Project in New Jersey
Hingham, MA (Jan. 21, 2021) — Navisun LLC, asolar power producer that owns and operates distributed and small utility-scale solar projects, announced that it has acquired a 4.5-megawatt community solar project in Linden, New Jersey. Community solar provides customers clean locally sourced power that costs less. The Linden Hawk Rise Solar Project is located on […]
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News
Vineyard Wind Secures Transmission Agreement With ISO-NE
Vineyard Wind has announced a transmission agreement with ISO New England (ISO-NE) to deliver power to the system operator’s grid when the Vineyard Wind 1 project comes online. The 800-MW offshore wind farm, located about 15 miles off the cost of Martha’s Vineyard in Massachusetts, is expected to be the first commercial-scale offshore wind farm […]
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News
PSEG to Return to Regulation, Will Divest 6.7-GW Fossil, Solar Fleet
Public Service Enterprise Group (PSEG), New Jersey’s giant utility, has become the latest major U.S. power company to seek an exit from the competitive generation business. In a statement attached to the company’s second-quarter 2020 earnings results released on July 31, Ralph Izzo, PSEG chairman, president, and CEO, said the company is “exploring strategic alternatives” […]