Actions and comments in New Jersey affecting the energy supply.
Comments –
The Monthly Fear Notice
Fear is essential to force an energy transition in New Jersey.
A column was published in new jersey spotlight to provide the fear
- Allegedly record high temperatures were experienced around the world.
Energy Supply
Offshore Wind Turbines
Ocean Wind #1 Approval
- BOEM authorized construction of Ocean Winds 1 by Orsted. Construction to start in fall of 2023. This authorization intensifies the sonar booms required for sonar booms and harassment permission on whales
Wind Turbine Cost Issues
- Increasing wind turbine machinery costs are causing the cancellation or renegotiation of off shore wind projects.
- The New Jersey offshore wind projects were claimed to be cheap because of the zero fuel cost.
- The wind turbine cost was always ignored.
- The fuel cost has not changed but Orsted wanted to renegotiate the wind contract because the machine costs have increased.
- Instead, Governor Murphy and the Democrat controlled legislature voted to give Orsted one billion dollars in federal tax credits for Ocean Winds #1 wind complex instead of renegotiating the contracts.
- Unresolved is the size of the tax credits that will be granted for the Ocen Wind #2 and Atlantic Shore wind complexes.
- Each will be about One billion dollars and that is insufficient
- Who will pay for this?
Wind Turbine Connections
- Orsted will bring some Ocean Wind #1 power ashore in Ocean City. Cape May County is refusing to grant a permit to allow Orsted to test the ground to run the power cable. Orsted is now suing Cape May County to issue the permit.
Wind Port
- Murphy and the Legislature has authorized the state spend $540 Million to build a wind port, this is an assembly area, for the wind turbine industry.
- Orsted has promised to invest $200 million in the wind port
- Orsted leased 34 acres for two years for $25 million.
- The wind port size and location are to make New Jersey the center of east coast wind assembly. However, the other states are building their own wind ports
- The market for the wind port is not fully defined.
Solar Power
- The BPU solicited bids for larger (grid) solar complex development.
- The solar complexes would develop 300 MW of power at max capacity.
- All bids were rejected because they exceeded the confidential prices the BPU thought were acceptable.
- The solar industry demanded the price caps be raised.
- These confidential prices are not necessarily cheap nor are connection costs to the grid necessarily included
Nuclear Power
- The New Jersey Bureau of Rate Consul wants to review of PSEG finances on the nuclear plants. The want to determine if PSEG should continue to receive $300 Million annually in subsidies.
- This is an ongoing argument about financial confidentiality between PSEG and the Rate Consul.
Energy Reductions
- The BPU want to convince or force to stop using gas for cooking and heating their homes.
- The BPU is trying to restrict gas supplies by starting with banning gas top stoves.
- Restrictions on heating and changing to heat pumps are likely to follow
Transportation
Electric Vehicles (Cars)
- California has passed a law mandating the number of battery cars (EV) that must be sold in the state.
- Environmental groups in New Jersey demand New Jersey adopt and impose the California law in New Jersey.
- This law will prevent the sale of gas cars by 2035
- There is some opposition to this proposal but it is weak.
Grid Improvements
- The Murphy Energy Plan requires about 50% of the energy used in the state by electricity by 2030, less than seven years from now.
- Battery cars will increase from about 90,000 to 330,000.
- Charging stations and home charging must increase dramatically.
- 400,000 homes must be converted from gas heat to electric heat.
- Heavy duty ICE trucks must be replaced with electric heavy haul trucks.
- Can the grid wiring, controls and transformer safely handle this unknown increase in power demand? Who knows.
- What grid modifications are necessary to distribute this unknown load increase and when and how will they be done?
- Where will the electricity be generated and distributed? Who knows?
- No engineering, construction and purchasing. Has been done on the grid modifications.
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Seth Grossman, Executive Director
LibertyAndProsperity.com
