The Thursday morning vote followed more than an hour of closed-door discussions and lengthy public comments from the Board of Public Utilities' five members, who voted 4-1 to approve the subsidies.
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Energy
Advocates demand BPU report on $300M nuclear subsidy
In just two days, the state's Board of Public Utilities is set to make a decision on whether to grant the subsidy to PSEG’s three nuclear plants, which the utility giant argues is vital to keeping the plants open.
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Making green by going green
For more than 50 years, a company with a Parsippany manufacturing facility has been producing a line of environmentally friendly household cleaners and other products under the ECOS brand. “We’ve been focused on creating safer, cleaning products since the company began in 1967 ... We are green because it’s really part of our DNA.”
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Waste not: TerraCycle makes millions by recycling rubbish
For nearly two decades, Trenton-based TerraCycle has built its business on waste. The company, which posted about $32 million in sales during 2018, started in 2001 as small provider of fertilizer made from worm droppings.
Read More »Murphy touts clean energy economy, chides Christie’s approach
At his first-ever "State of the Board of the Public Utilities" address on Wednesday, the governor said he envisions New Jersey as a national model for "smart, future-driven energy policy-making," with the NJBPU at the forefront.
Read More »NJ announces offshore wind registry
The registry will create a free online portal where investors exploring offshore-wind-related projects in New Jersey can find state-based companies to partner with or purchase from.
Read More »Poll: Offshore wind gets lift from majority of NJ residents
Though many New Jerseyans are unaware of the costs that may be associated with developing offshore wind projects, 76 percent of respondents said they are in favor of moving ahead.
Read More »Cozen O’Connor opens Newark office; expands energy practice
The Philadelphia-based firm opened a Newark office on April 1, to be led by two energy law vets.
Read More »Newark, Honeywell to partner on energy savings improvement project
The energy-savings improvement project is part of the Department of Engineering's commitment to the city's Sustainability Action Plan, aimed at making Newark healthier, greener and more vibrant.
Read More »New Jersey Natural Gas files base rate case with BPU
The proposed $128.2 million rate adjustment is necessary to cover the costs associated with the operation of NJNG’s business, including its substantial infrastructure investments, the company said.
Read More ȯrsted US Offshore Wind signs research partnership with Rowan University
The agreement will allow the company to support offshore wind engineering clinics for students, and collaborate with them on research opportunities.
Read More »Moody’s: NJ stormwater utility creation would be credit positive, if executed correctly
According to Moody's, although the new law itself does not impact any municipal credit ratings, it does give local governments a potentially useful new tool to improve their water and sewer infrastructure.
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