Actions and comments in New Jersey affecting the energy supply.
Comments
The Monthly Fear Notice
- The Jersey shore is going to see increased flooding is this month’s message.
- Tides are increasing 1-2 feet in height.
- Omitted is New Jersey land is sinking.
- Tides will increase by 2 feet by2050 over the 2000 level and by 5 feet by 2100 according to Rutgers reports.
- Judith Curry, the well-known climatologist, reviewed Rutgers conclusions and data two years ago and stated they were using information that was speculative and modified.
- Curry’s report is ignored, it is not even refuted.
- Even if all the projections were correct, how would becoming poorer by stopping fossil fuels use prevent the sea from rising.
Energy Supply
Offshore Wind Turbines
- A Monmouth poll showed a deep reduction in offshore wind support. 54% support it and 40% oppose it.
- The wind proponents claim it is due to effective messaging of misinformation.
- Whale deaths, high costs and visual pollution are ignored by the proponents,
- Increasing wind turbine machinery costs caused a 25% drop in Orsted stock.
- Orsted is demanding more government support.
- Ocean Wind was to start producing power in 2024, Orsted has delayed this start up to 2026.
- Democrat leaders in the New Jersey Senate and House expressed concerns about offshore wind costs.
- The BPU is requesting proposals to develop up to 4,000 MW of wind turbines in the New York Bight area. This is larger than the 3,700 MW in South Jersey Ocean Winds and Atlantic shores projects
Solar Power
- The Legislature passed and governor signed a bill to turn a Community Solar two year test project in to a full time project.
- The project allows apartment dwellers and lower income people to buy into solar panel complex and receive lower (heavily subsidized) electric rates. Project costs were not mention.
- The major purpose is to develop another constituency to lobby for solar subsidies in the future.
Natural Gas
- New Jersey joined a lawsuit with other states to prevent expansion of a Transco owned natural gas pipe line to deliver and distribute natural gas in the state.
- The lawsuit claims the pipeline expansion is unnecessary because gas demand is not believed to increase for ten years.
- Natural gas demand is to begin decreasing then and with a 50 year life the pipeline would encourage extending gas use and could be a stranded asset.
- The real reason is to shut off the natural gas supply slowly but surely, particularly as pipeline wears out, to force a replacement of electricity use for heating.
Others
Storage
- The BPU is requesting ides from industry executives, energy advocates and utility officials to devise a plan to develop and pay for electrical storage, batteries, in the state.
- The state is far behind the Murphy Energy Plan Requirements.
- The MEP requirements are
- 600 MW by 2021
- 2000 MW by 2030.
- The BPU does not understand storage. Storage is measured in MW-hrs.
- The BPU is not requesting a storage time.
- Does the BPU believe minutes and 10 hours of electricity are equal?
- The battery storage design is expensive, the idle time is extensive and expensive and batteries must be replaced frequently.
- This issue will be interesting to watch.
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Seth Grossman, Executive Director
LibertyAndProsperity.com