Power struggle continues over NJ backing for new plants

The cost of ensuring that power plants are available at peak demand times dropped a bit for northern New Jersey, state officials said as they hailed new rates for so-called “capacity payments” set last Friday by the region’s power grid operator.

But the real news isn’t the price tag of the payments, which aren’t the main factor for ratepayer bills. What has energy industry insiders talking is that several planned New Jersey power plants will get the funding — plants state officials fought federal regulators to get built, and which are still the subject of heated debate and pending lawsuits.

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