JCP&L Proposal Supports New Jersey Clean Energy Plan by Delivering Wind Power to Customers with Minimal Community Impacts

Rhea-AI Summary

Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), proposes a transmission system to connect New Jersey's offshore wind farms to the power grid. This initiative aims to support the New Jersey Energy Master Plan's goals, connecting enough energy for approximately 2.5 million homes. The project includes utilizing existing infrastructure, minimizing environmental impact, and enhancing grid reliability. Additionally, JCP&L is pushing for electric vehicle charging infrastructure and energy efficiency programs, all aligning with New Jersey's aim for 100% clean energy by 2050.

Positive

• Proposal to connect offshore wind energy can power 2.5 million homes.
• Plan involves minimal environmental impact through the use of existing infrastructure.
• Enhancements to grid reliability through upgrades to existing transmission lines.
• Alignment with New Jersey's Energy Master Plan for 100% clean energy by 2050.

Negative

• None.

HOLMDEL, N.J., Sept. 28, 2021 /PRNewswire/ -- Jersey Central Power and Light (JCP&L), a subsidiary of FirstEnergy Corp. (NYSE: FE), has submitted a proposal to connect clean energy generated by New Jersey's offshore wind farms to the power grid. The plan, which supports significant investments in clean energy driven by the New Jersey Energy Master Plan, is designed to connect future offshore wind farms while minimizing the impact on the environment and communities.

In its proposal to the New Jersey Board of Public Utilities and PJM Interconnection, JCP&L outlined a comprehensive transmission system investment program that would connect enough offshore wind energy to power nearly two-and-a-half million homes. The power from offshore wind farms would be delivered to JCP&L's electric grid from new offshore transmission infrastructure built by Mid-Atlantic Offshore Development, LLC, a new transmission asset owned by Shell New Energies US, LLC and EDF Renewables North America. JCP&L would then carry the electricity to existing substations, where it will enter the grid.

Mid-Atlantic Offshore Development's proposal, made in cooperation with JCP&L's plan, utilizes their expertise in offshore transmission to offer an open access solution that is scalable to meet the growing demands of the New Jersey offshore wind market. If the proposals are accepted, FirstEnergy has the option to acquire an equity stake in Mid-Atlantic Offshore Development.

"The state of New Jersey is committed to being the nation's leader in clean energy, and we are committed to playing an important role in that, for the benefit of our customers and the residents of the Garden State," said James V. Fakult, president of JCP&L. "By utilizing existing transmission infrastructure and rights-of-way, our plan offers a cost-effective solution that minimizes environmental and customer impacts, enhances grid resilience and was developed with the communities we serve in mind."

In their proposal, 100% of JCP&L's transmission involvement would utilize existing infrastructure or rights-of-way, resulting in no greenfield development. Additionally, existing transmission lines and substations would be upgraded, enhancing reliability for New Jersey customers. JCP&L's solution will be implemented over a period of eight years to align with the planned schedule for offshore wind procurements.

The New Jersey Energy Master Plan outlines key strategies to achieve the goal of 100% clean energy by 2050. In support of those strategies, JCP&L also has submitted a proposal for a program of incentives that will support and encourage the development of electric vehicle charging infrastructure – accelerating the adoption of electric vehicles while providing benefits for JCP&L's residential, commercial and industrial customers – and submitted an energy efficiency plan that aids in cutting peak energy demand and reducing the energy its consumers consume.

Protecting and preserving the environment is also a key part of JCP&L's mission and business strategy. The company has twice been named to the New Jersey Sustainable Business Registry by the New Jersey Dept. of Environmental Protection and has been honored with an Environmental Leadership Award by The Commerce & Industry Association of New Jersey (CIANJ) and COMMERCE Magazine.

About Mid-Atlantic Offshore Development

Mid-Atlantic Offshore Development, LLC is a 50:50 partnership between Shell New Energies US, LLC and EDF Renewables North America. The Joint Venture transmission company was formed to respond to the PJM New Jersey Transmission RFP to meet New Jersey's goal of facilitating delivery of 7,500 megawatts of offshore wind energy by 2035. Learn more at www.midatlantic-offshore.com.

About JCP&L

JCP&L serves 1.1 million customers in the counties of Burlington, Essex, Hunterdon, Mercer, Middlesex, Monmouth, Morris, Ocean, Passaic, Somerset, Sussex, Union and Warren. Follow JCP&L on Twitter @JCP_L, on Facebook at www.facebook.com/JCPandL or online at www.jcp-l.com.

FirstEnergy Corp. is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Follow FirstEnergy online at www.firstenergycorp.com and on Twitter @FirstEnergyCorp.

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SOURCE FirstEnergy Corp.

FAQ

What is the proposal submitted by JCP&L for offshore wind energy?

JCP&L proposed a transmission system to connect New Jersey's offshore wind farms to the power grid, supporting clean energy goals.

How many homes can the offshore wind energy from JCP&L power?

The offshore wind energy connected by JCP&L can power nearly 2.5 million homes.

What is the timeline for JCP&L's offshore wind project?

The implementation of JCP&L's offshore wind solution is planned over a period of eight years.

How does JCP&L plan to minimize environmental impacts with its proposal?

JCP&L's plan utilizes existing infrastructure and rights-of-way to avoid greenfield development and minimize community impacts.

What other programs is JCP&L proposing alongside the offshore wind initiative?

JCP&L is also proposing incentives for electric vehicle charging infrastructure and an energy efficiency plan to reduce energy demand.