Rising electricity bills in PJM region: NJ takes steps to address issues The PJM region, including New Jersey, Pennsylvania, Delaware, and portions of other states, is facing significant increases in electricity bills, ranging from 1.5% to 5%, due to the regional power grid operator's capacity auction processes and delays in approving new power generation projects. Critics argue that PJM's procedures are distorting market dynamics and limiting the entry of new power plants, leading to higher costs for consumers. In response, New Jersey has enacted two legislative initiatives aimed at addressing these challenges, including a comprehensive investigation into PJM's capacity auction processes and measures to increase public accessibility and transparency regarding voting practices, in an effort to ensure a reliable and affordable power supply for residents.

Rising electricity bills in PJM region: NJ takes steps to address issues #PJM #CapacityAuction #ElectricityPrices #NJLegislation #PJMReforms #MarketEfficiency

New Jersey Enacts Legislation to Regulate Consumer Energy Costs and Data Centers New Jersey enacts legislation focused on consumer energy costs and the expanding data center sector. Governor Phil Murphy recently approved two new laws designed to offer consumers more control over their energy expenses and to proactively examine the impact of data centers on the state’s power infrastructure. One of the new laws mandates that energy companies provide customers with monthly notifications detailing anticipated energy consumption and associated costs. These notifications, to be delivered on the 10th and 20th of each month, aim to enhance consumer awareness and encourage more mindful energy usage. Recognizing the significant growth in data centers, fueled by advancements in artificial intelligence and cloud computing, a second law requires a comprehensive study. This study will evaluate the impact of these facilities on the state's electrical grid and explore potential strategies for minimizing any adverse consequences. Lawmakers, including Andrew Zwicker and John Burzichelli, were instrumental in the legislative process, responding to public concerns regarding escalating energy prices and the need for increased transparency. For more detailed coverage of New Jersey news, a weekly newsletter, "Across NJ News," is available.

New Jersey Enacts Legislation to Regulate Consumer Energy Costs and Data Centers #PJM #ConsumerProtection #DataCenterRegulation #EnergyEfficiency #NJLegislation #Sustainability

Social Gaming Leadership Alliance Urges Governor to Veto Flawed Online Social Gaming Ban  – SGLA NEW JERSEY – Following final passage of A5447 and S4282 by the New Jersey Legislature, Social Gaming Leadership Alliance (SGLA) is urging Governor Phil Murphy to veto the bills, which would…

“These bills are the wrong solution to a misunderstood issue.” – Jeff Duncan, SGLA Executive Director

Read our full statement urging a veto:
🔗 sgleadership.org/social-gamin...

#SocialGaming #DigitalFreedom #NJLegislation #ProtectPlayers #InnovationMatters

Social Gaming Leadership Alliance Pushes Back on New Jersey Legislation  – SGLA The Social Gaming Leadership Alliance (SGLA), joined by key partners and allies including VGW, B-Two Operations and the World Poker Tour, submitted testimony this week in opposition to New Jersey…

Read more: sgleadership.org/social-gamin...

#SocialGaming #DigitalFreedom #NJLegislation #ProtectPlayers #InnovationMatters