New Jersey fast tracks three new natural gas power plants.
New natural gas-fired power plants proposed by NRG Energy Inc, Hess Corp and Competitive Power Ventures moved closer to reality on Tuesday under New Jersey's long-term capacity pilot program, the New Jersey Board of Public Utilities said.Whatever happened to wind?
The three facilities, with capacity totaling 1,949 megawatts, were the first selected to obtain 15-year contracts under a controversial state law designed to encourage new power-plant construction by offering developers long-term, ratepayer-subsidized contracts.
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