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Regional Power Grid Faces Energy Shortage as Demand Soars
December 18, 2025 | njspotlightnews.org Already rising fast, electric bills in New Jersey are expected to continue increasing in coming years, after the regional power grid failed to secure enough energy to meet expected demand. PJM Interconnection, which operates the power grid serving more than 67 million people across New Jersey and a dozen other states, released the results of its latest industry auction on Wednesday, with capacity prices hitting a record-high of $16.4 b
NJ SEED
Jan 61 min read
N.J. Energy Policy Coalition honors five for leadership in energy space
December 16, 2025 | binje.com The New Jersey Energy Policy Coalition recently honored five individuals for their leadership and service in the energy space. Alexander Hamilton Energy Leadership Award: For visionary leadership linking energy policy and economic growth in New Jersey. NJBPU Commissioner Michael Bange South Jersey Industries CEO Michael Renna Workforce Development Award: Recognizing outstanding efforts in workforce education, apprenticeships, and career devel
NJ SEED
Dec 23, 20251 min read
NJ Breaks Ground on Major Production Studio in Bayonne
December 16, 2025 | njspotlightnews.org Once complete, 1888 Studios in Bayonne will be a 58-acre film and television production campus, a project intended to solidify New Jersey as a hub in the industry, with Paramount signing a 10-year lease as the anchor of the property. State officials say it is set to become the largest facility of its kind in the Northeast and one of the largest in the nation. Read More: Click Here NJ SEED: It is exciting that the motion picture indust
NJ SEED
Dec 23, 20251 min read
Stagnating National Jobs Market Raises Economic Concerns
December 18, 2025 | njspotlightnew.org The latest national jobs report is raising fresh questions about where the American economy is headed. The U.S. unemployment rate is now at 4.6% — its highest level in four years — while job growth has slowed and wages aren’t rising much faster than inflation. Will Irving, an economic researcher and associate professor of practice with Rutgers’ Bloustein School of Planning and Public Policy, told NJ Spotlight News the data is showing war
NJ SEED
Dec 23, 20251 min read
The Governor's Office:
Murphy Administration Announces Adoption of State Development and Redevelopment Plan December 19, 2025 | nj.gov Building on Governor Murphy’s commitment to fully update New Jersey’s State Plan for the first time since 2001, the State Planning Commission formally adopted a new State Development and Redevelopment Plan at its December 17, 2025 meeting. The State Development and Redevelopment Plan, developed through collaboration across all levels of government, serves as a guid
NJ SEED
Dec 23, 20251 min read
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