New Jersey Releases 2024 Energy Master Plan

November 25, 2025 | njbiz.com

As his administration enters its final stretch, Gov. Phil Murphy announced Nov. 24 the release of New Jersey’s 2024 Energy Master Plan.

The basics:

• Murphy administration releases final 2024 Energy Master Plan after 22 months of development

• EMP outlines ‘no-regrets’ strategies for clean energy, grid reliability & emissions targets 

• Plan includes major pushes on solar, wind, nuclear, EV adoption, energy affordability programs 

• Critics question costs, timing and electrification mandates as transition to new administration nears

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NJ SEED: 22 months in the making and no significant changes accept to use the politically tested word “accountability” some 60 times. For two terms, the Murphy Administration has avoided enlightening rate payers – residential and commercial – on what to expect will be the cost impacts of the plan. NJ SEED urges Governor-elect Sherill to undertake a review and overhaul of the state’s latest Energy Master Plan, and that it be among her highest priorities.