MAYS LANDING — Coal-fired power manufacturing in New Jersey will stop to exist in a matter of months after a petition by Atlantic Metropolis Electrical to change two buying agreements was accredited by the state Board of Public Utilities, the facility supplier mentioned Wednesday.
Beneath the settlement, Starwood Power Group LLC will finish coal-fired manufacturing on the Logan Producing Plant in Swedesboro, Gloucester County, and the Chambers Cogeneration Plant in Carneys Level, Salem County, the corporate mentioned in a information launch.
Each energy crops are owned by Starwood and are the state’s final energy crops utilizing coal to create electrical energy, Atlantic Metropolis Electrical spokesperson Ben Armstrong mentioned, including an official date for the tip of coal operations has but to be decided.
Makes an attempt to achieve Starwood officers for remark Wednesday had been unsuccessful.
One other South Jersey coal-fired plant, B.L. England in Higher Township, closed in 2019.
Atlantic Metropolis Electrical and Starwood have a buying contract via 2024. Beneath the modification, Atlantic Metropolis Electrical clients are anticipated to save lots of as much as $30 million via the contract’s length, Armstrong mentioned.
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“We’re happy to have reached this settlement that leads to the ceasing of all coal-generated electrical energy from the final two coal-fired energy crops in New Jersey,” mentioned Doug Mokoid, Atlantic Metropolis Electrical’s area president. “This accomplishment means greater than invoice financial savings for our clients; it means cleaner air for our communities and a safer setting for generations to return.”
Whereas New Jersey lawmakers proceed their pursuit of extra clear power for state residents, Atlantic Metropolis Electrical mentioned the approval introduced Wednesday means it is fulfilling its dedication to that effort.
In 2021, Atlantic Metropolis Electrical mentioned it and its sister firm, Exelon, undertook a joint dedication to cut back its carbon emissions by 50% in comparison with a 2015 baseline by 2030. The businesses are also working to realize net-zero emissions by 2050, Atlantic Metropolis Electrical mentioned.