IEPNJ actively advances its members’ interests, striving to assure that energy, environmental and tax policies in New Jersey and the region continue to encourage the development and operation of a competitive, stable power generation industry.
Since its founding in 1992, IEPNJ has accomplished much in these areas to help enhance the position of generators in the state. IEPNJ has achieved a wide range of accomplishments, including the following:
IEPNJ supported DEP’s “Red Tape Review” environmental initiative to improve the regulatory climate in the State. In January 2010, Governor Christie signed Executive Order No. 2, which established “Common Sense Principles” for State rules and regulations to help encourage a competitive economy in the State. In conjunction with Executive Order No. 2, Governor Christie also
The IEPNJ continually supports the suspension of fees associated with the Non-Residential Development Fee Act. On July 27, 2009, Governor Corzine signed the New Jersey Economic Stimulus Act of 2009 (NJESA) (S-2299/A-4048) into law. As part of this law, the Non-Residential Development Fee Act, which was signed into law on July 17, 2008, was temporarily
The IEPNJ supported clarifying language in the Global Warming Recommendation Report that avoided performance standards for existing power facilities. Former Governor Corzine signed the Global Warming Response Act (GWRA) on July 6, 2007. This law requires the reduction of greenhouse gas (GHG) emissions to 1990 levels by 2020. The GWRA also addresses long-term reduction goals,
IEPNJ participated in the 2008 Energy Master Plan Process. New Jersey released its Energy Master Plan (EMP) in October 2008. The EMP sets out a strategic plan for addressing the state’s energy needs through 2020. The plan was developed by a committee of commissioners and senior managers of nine state agencies and the Governor’s Office
IEPNJ worked closely with DEP during RGGI Rule development and on issues related to CO2 auction design. New Jersey’s original Regional Greenhouse Gas Initiative (RGGI) rule was adopted by the New Jersey Department of Environmental Protection (DEP) in October 2008. This rule established the New Jersey CO2 Budget Trading Program, New Jersey’s component of the regional
IEPNJ successfully advocated for significant amendments to the RGGI bill. On January 13, 2008, Governor Corzine signed A4559/S2976 into law. This bill provides the New Jersey Department of Environmental Protection (DEP) with the authority to auction the allowances associated with the Regional Greenhouse Gas Initiative (RGGI) and addresses other related issues. IEPNJ met with key