Clean Energy, Greenhouse Gas Emissions Reduction, and Rapid Decarbonization in the PJM Region
Event Format: Virtual (Zoom — Register Here)
PJM is the Regional Transmission Organization (RTO) that operates the wholesale power markets and controls the transmission of electricity in New Jersey, the District of Columbia, and parts or all of twelve other states, which stretch as far south as North Carolina and as far west as Illinois. PJM also coordinates the flow of electricity produced between New Jersey and New York, which has a separate regional power system. The 2022 Inflation Reduction Act includes financial incentives that support all sources of carbon-free electricity, promote vehicle and building electrification and efficiency, and subsidize carbon capture and storage (CCS).
Join the New Jersey Climate Change Resource Center for a presentation by Professor Jesse Jenkins, Princeton University of a recent analysis on the impact that the federal Inflation Reduction Act will have on electricity cost, greenhouse gas emissions and investments in electricity capacity in the PJM region thru 2035 and what additional investments and resources would be needed to deeply decarbonize the PJM region by 2035 while maintaining affordable and reliable electricity in the PJM region. Respondents include Abraham Silverman, Chief Counsel, NJ Board of Public Utilities; Steven Gabel, President, Gabel Associates; and Jeanne Fox, former President of NJ Board of Public Utilities, former NJDEPE Commissioner and former EPA Region II Administrator. The session will be moderated by Rutgers University Professor Mark Rodgers.