NJBPUNew Jersey Board of Public Utilities
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The transaction will involve, among other things, approval by the NJBPU and MPSC (with respect to the Elkton Gas sale), the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and certain limited approvals by the Federal Energy Regulatory Commission and the Federal Communications Commission.
a market design, economics and power systems advisory firm assisted the NJBPU with the solicitation and evaluation process of the thirty-four proposals.
Of the 1,711 MW coal-fired Conemaugh Generating Station, NRG acquired 64 MW Friday and has plans to acquire another 66 MW after receiving NJBPU approval.
NRG intends to acquire another 42 MW pending approval by the NJBPU.
The announcement for the award is expected from the NJBPU in summer 2019.
M2 EQUITYBITES-April 1, 2011-South Jersey Gas secures NJBPU approval to extend Infrastructure Investment programme in New Jersey(C)2011 M2 COMMUNICATIONS http://www.m2.com
Third-party suppliers, who are licensed by the NJBPU, can often provide energy supply savings compared to the utility supply rates."
"The weighted average energy cost is based upon the results from the last three auctions," NJBPU President Joseph Fiordaliso said in a prepared statement.
If Ocean Wind receives approval from the NJBPU, rsted will work with Newark-based Public Service Enterprise Group's non-utility affiliates to provide energy management services and potential lease of land for use in project development.
NJBPU President Joseph Fiordaliso said he didn't have any projections on how much ratepayers will pay on their energy bill.