Dear Editor:
Hudson County Executive Robert Janiszewski and Jersey City Planning Director Robert Cotter stressed that investment in infrastructure has been the key to Hudson County’s economic revitalization at a meeting of the New Jersey Alliance for Action, a non-profit organization that advocates government and private-sector partnerships on February 23, 2001.
The recent news accounts of California’s recurring electric reliability problems raise a variety of concerns including what is the condition of the electric infrastructure in New Jersey, and can California’s economic and electric reliability woes happen here?
PSE&G invests in its infrastructure, and offers the opportunity to discuss differences in the way the energy markets in California and New Jersey have been structured, that impact reliability and economic expansion, to civic and professional organizations.
PSE&G belongs to the PJM, an independent board that controls all electric transmissions operation in New Jersey, Pennsylvania, Maryland, the District of Columbia and parts of Virginia. This structure establishes some of the essential differences between the New Jersey and California power markets. PJM has much higher electric reserve requirements than California; the PJM has a more diverse fuel mix which stabilizes prices; PJM can bring power on line quicker; PJM permits greater flexibility to meet long-term energy needs.
To request a presentation on energy and the economy, please call 201-330-6629.
Richard Dwyer
PSE&G Co.