Can state-subsidized power generation succeed in New Jersey
Within the next couple of weeks, New Jersey should know how its efforts to subsidize new power plant construction in the state have fared.
By May 18, the state will know if any of the three power plants awarded ratepayer subsidies to spur their construction have cleared — energy industry jargon for being granted significant payments to provide capacity to keep the lights on — in the most recent auction held by the operator of the regional power grid. (Johnson, NJ Spotlight)
