Economic Development & Emerging Issues
The Division of Economic Development and Emerging Issues (Division) manages and coordinates cross-cutting issues within the BPU related to energy and economic development.
The Division is comprised of a variety of offices and also oversees numerous projects and initiatives including:
Federal Energy Policy
The decisions made by the Federal Energy Regulatory Commission (FERC) on energy issues directly impact the state’s economy. The FERC regulates the wholesale sale of electricity and sets the transmission rates for the utilities operating within the state. FERC also regulates natural gas interstate pipeline rates as well as the siting of new or an expansion of existing inter-state natural gas pipeline infrastructure. Without a strong presence at FERC, many proposed rate adjustments or proposed policy changes, if not opposed or questioned, are routinely approved, some to the detriment of NJ ratepayers.
Proceedings at PJM Interconnection, LLC (PJM), the transmission grid operator for the 14 states PJM operates within, also require constant monitoring and participation by the BPU. The Division works to ensure effective advocacy to protect and promote the state’s interests regarding changes to the PJM Tariff, Operating Agreement and Reliability Assurance Agreement.
Office Of Clean Energy (OCE)
New Jersey’s Clean Energy Program (NJCEP), administered through the OCE, promotes energy efficiency programs and the development of clean, renewable sources of energy including solar, wind, geothermal, combined heat and power (CHP) and sustainable biomass. The goal of the OCE is to lower energy costs, reduce demand for electricity, emit fewer pollutants into the air and create jobs. Through its programs, the OCE offers education, outreach and financial incentives to residential, commercial businesses and industry, schools and governmental customers.
NJCEP is a statewide program which promotes technologies that save electricity and natural gas, and increase the amount of electricity generated from clean, renewable resources and distributed forms of generation. New Jersey has instituted a number of successful initiatives that help to reduce the State’s peak energy demand, conserve finite resources and transform the marketplace for the next generation of electricity and natural gas supply technologies. Incentives are available to offset the initial cost of energy conservation measures and renewable energy technologies for ratepayers. Programs are comprehensive and complementary, and focus on providing technical and financial assistance and provide project development assistance from information on best practices to rebate payments and financing tools.
For more information http://www.njcleanenergy.com/
Office of State Energy Services
This office includes the State Energy Office and also provides technical, consulting, and advisor services to all operating divisions of the BPU and to other governmental entities throughout the State. The SES will provide leadership to the interagency working group charged with procuring state electric and gas wholesale contracts, will work in conjunction with the State Energy Savings Initiative Oversight Committee to identify, evaluate and select energy conservation project opportunities at State facilities, assist with RFP development and selection of vendors and funding. In addition the SES offers assistance on oversight to the State's Energy Savings Improvement Program (ESIP), guides and directs energy solutions for state departments and agencies, and offers technical support for the New Jersey Energy Resilience Bank (ERB).
Energy Master Plan (EMP)
New Jersey’s Energy Master Plan Statute, N.J.S.A. 52:27F-14, was enacted in 1977 as a response to the energy crisis of the mid-1970s. The statute called for a “master plan” for the “production, distribution, and conservation of energy in New Jersey.”
The Division is responsible for the coordination of the EMP. This process includes drafting a plan or plan update, facilitating public comment, working with Rutgers Center for Energy, Economic, and Environmental Policy (CEEEP) to develop and update the date needed to support the plan and monitoring and reporting on plan implementation.
For more information visit http://www.state.nj.us/emp/