NEWJERSEY: Why don’t we have competition in energy?

Sunday, May 18, 2025

https://patch.com/new-jersey/southbrunswick/s/jbt17/major-announcement-as-nj-braces-for-large-increase-in-electric-rates?utm_source=alert-breakingnews

Major Announcement As NJ Braces For Large Increase In Electric Rates | Across New Jersey, NJ Patch

  • Gov. Phil Murphy’s announcement comes less than a month before a statewide rate hike scheduled to begin on June 1.

Megan VerHelst, Patch StaffVerified Patch Staff Badge
Posted Wed, May 14, 2025 at 10:36 am ET Updated Wed, May 14, 2025 at 12:36 pm ET

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NEW JERSEY — Gov. Phil Murphy unveiled a series of executive actions on Wednesday that he said will help New Jersey residents manage electric costs ahead of a rate hike scheduled to begin on June 1.

The announcement comes two weeks after the state Board of Public Utilities (BPU) said it would require New Jersey’s four electric utility companies — Atlantic City Electric, PSE&G, Jersey Central Power & Light and Rockland Energy — to come up with plans to mitigate overall bill impacts to residential customers during high usage summer months.

The state also asked the utility companies to defer rate increases until later in the year during lower-usage months, as well as identify other opportunities to stabilize rates and provide cost-saving opportunities wherever possible.

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20% increase thanks to the Pepuls Republik of Nu Jerzee Gooferment.

Argh!

One can only hope that the politicians and bureaucrats responsible for this and their “green energy” policies get swept out of power.

Argh!

Why don’t we have competition in energy?

Clearly, the BPU ain’t looking out for the consumer.

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Posted by reinkefj

INTERESTING: But what alternatives did its economics crowd out; remember seen and unseen?

Saturday, October 7, 2023

https://electrek.co/2023/10/03/worlds-first-artificial-energy-island/?utm_source=tldrnewsletter

The world’s first artificial energy island just got the go-ahead
Michelle Lewis | Oct 3 2023 – 7:58 am PT 

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The world’s first artificial energy island has secured its environmental permit, so it’s now all systems go in Belgium.

Princess Elisabeth Island is a pioneering electricity grid at sea that’s going to connect offshore wind farms to the Belgian mainland and also serve as a hub for future interconnectors with the UK and Denmark.

Belgian electricity transmission system operator Elia is the project’s developer, and obtaining the permit, which Elia applied for in January 2023, is a key milestone. Construction will take over two years, from March 2024 to August 2026. 

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But what alternatives did its economics crowd out; remember seen and unseen? There are no “shareholders” looking for a profit. Just nameless faceless politicians and bureaucrats with endless supplies of Taxpayer “wealth” to amuse themselves “saving the planet”.  

Seriously, how do “we” know that was the best use of resources?

“That Which is Seen, and That Which is Not Seen” Frédéric Bastiat http://bastiat.org/

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Posted by reinkefj

POLITICAL: Germany’s “green” push nukes 6 nuke plants; now they need power!

Tuesday, March 1, 2022

https://www.breitbart.com/politics/2022/02/28/analysis-push-for-green-energy-not-russias-invasion-of-ukraine-driving-up-oil-prices-threatening-security/

Analysis: Push for Green Energy Not Russia’s Invasion of Ukraine Driving up Oil Prices, Threatening Security
PENNY STARR — 28 Feb 2022452

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The website oilprice.com posted an analysis about how the push for green energy years before Russia invaded Ukraine – and on steroids since Joe Biden became president – is to blame for soaring oil prices and foreign policy weakness.

The analysis begins with a story about a team from MetalMinder, “the largest metals-related media site in the U.S.”, on a trip to Germany in 2018 where they discovered people’s health suffered from coal pollution because after the Japanese Fukushima nuclear disaster it began shutting down its nuclear energy operations.

“In hindsight, that decision by Germany appears both foolish and ironic,” the team concluded. “Foolish because Germany has lost its negotiating power (pun intended) with Russia for which it relies.  It’s ironic because the country already had ‘clean energy’ but now must turn back to dirty energy to avoid blackouts.”

Germany on Friday shut down half of the six nuclear plants it still has in operation, a year before the country draws the final curtain on its decades-long use of atomic power. The decision to phase out nuclear power and shift from fossil fuels to renewable energy was first taken by the center-left government of Gerhard Schroeder in 2002. His successor, Angela Merkel, reversed her decision to extend the lifetime of Germany’s nuclear plants in the wake of the 2011 Fukushima disaster in Japan and set 2022 as the final deadline for shutting them down.The three reactors now being shuttered were first powered up in the mid-1980s. Together they provided electricity to millions of German households for almost four decades.

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Greenies refuse to recognize that nuclear power is a “clean energy” source.

Argh!

How stupid are politicians and bureaucrats?

The free market would use prices and profits to ensure that all needs are met.

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Posted by reinkefj