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Energy

Experts Clean energy goals still a priority, post-Sandy

“It’s not really an either/or decision,” said Thomas J. Massaro, vice president of marketing and business intelligence at New Jersey Natural Gas. “We’re doing both of these in parallel.”Massaro was one of four panelists tackling the question of whether clean energy can become a major driver in New Jersey’s economy. The forum, held at The ...

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Trade group chief says fracking unlikely in N.J. anytime soon

“I’m not aware that anyone is engaging in exploring for shale gas in New Jersey,” said Jim Benton, executive director of the New Jersey Petroleum Council. “You’d still have to go through the necessary state and local approval processes.”A one-year moratorium on fracking in New Jersey ended Thursday. But Benton said New Jersey’s “not even ...

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Environmental groups call for ban on fracking waste

Hydraulic fracturing, known as “fracking,” refers to the highly controversial practice of using chemically treated water to free shale natural gas reserves deep underground. The advent of fracking technology has led to vast new drilling opportunities and an economic boom in Western Pennsylvania, but environmentalists say the chemicals used in the process often end up ...

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Contractors named for wind energy transmission project

Atlantic Wind Connection, the company planning to build a massive wind energy transmission system off the United States’ east coast said today it’s has hired Bechtel Corp. and Alstom Group as contractors for the New Jersey phase of the project.The goal of the Atlantic Wind Connection is to act as a transmission “backbone” for a ...

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Federal credit could be key to Atlantic City wind farm

Congress included a one-year extension of the wind energy investment tax credit in its last-minute fiscal cliff legislation. The extension means offshore wind projects that begin construction this year will be eligible for an award equal to 30 percent of the project’s cost.That’s good news for Cape May-based Fishermen’s Energy, which plans to build a ...

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