N.J.’s energy policy should focus on abundance, not scarcity
“One promising reform would allow large new electricity users — such as data centers and advanced manufacturers — to develop privately financed electricity systems operating independently from the traditional grid.
Rather than requiring every major new customer to use the same monopoly framework, New Jersey could allow companies to build private electricity networks tailored to their needs.
Creating this parallel path would accelerate investment, encourage innovation in how electricity is produced and delivered and strengthen New Jersey’s ability to compete for the industries driving the next generation of economic growth.
Abundance-minded reform means making it easier to build new generation, modernize transmission infrastructure, encourage private investment, expand opportunities for privately financed electricity systems and allow companies to finance the energy resources they need.”
