Energy


As New Jersey continues to consider and implement more renewable energy certificates and energy credits (i.e., Solar Renewable Energy Certificate (SREC), Zero Emissions Credit (ZEC), and Offshore Wind Renewable Energy Certificate (OREC)), ratepayers continue to subsidize these programs at an alarming rate. These programs have added billions of dollars in additional energy costs that are passed on to the ratepayer. New Jersey’s industrial energy rates, despite being 4% lower compared to rates in 2018, remain almost 50% above the national average; however, residential rates are up almost 6% per kilowatt-hour compared to 2018. The impact of these new energy programs and other fees and taxes, exclusive to New Jersey, keep our state electricity rates uncompetitive when compared to other states.
 
Energy Costs
Energy represents a significant share of manufacturing costs for the U.S. business of chemistry. For some energy-intensive products, energy for both fuel and power needs and feedstocks account for up to 85% of total production costs. Because energy is a vital component of the industry’s cost structure, higher energy prices can have a substantial impact on the business of chemistry. Overall energy costs represent around 10% of the value of industry shipments. Moreover, value added by the business of chemistry is equivalent to five times this energy cost, which is just one of many inputs, including other raw materials and services that the business of chemistry purchases from other industries.


 

Energy Related Position Papers

  • March 10, 2020

    PRELIMINARY COMMENTS ON NJDEP NJPACT RULEMAKING EFFORT – REDUCING CO2 EMISSIONS IN NJ

    On behalf of our members, the Chemistry Council of New Jersey (CCNJ) appreciates the opportunity to provide the following preliminary comments to the New Jersey Department of Environmental Protection (NJDEP) on the potential pathways to reduce carbon emissions in the state to achieve the goals of 80% reduction in greenhouse gas (GHG) emissions from 2006 levels by 2050 and 100% clean energy by 2050, as presented at the stakeholder meeting held on February 25, 2020.


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  • March 6, 2020

    PRELIMINARY COMMENTS ON NJDEP NJPACT RULEMAKING EFFORT – PERIODIC MONITORING AND REPORTING OF NJ’S GHG EMISSIONS

    On behalf of our members, the Chemistry Council of New Jersey (CCNJ) appreciates the opportunity to provide the following preliminary comments to the New Jersey Department of Environmental Protection (NJDEP) on the greenhouse gas (GHG) monitoring and reporting rulemaking focus areas, as presented at the stakeholder meeting held on February 21, 2020.


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  • September 13, 2019

    COMMENTS: 2019 ENERGY MASTER PLAN – PROMOTING ENERGY EFFICIENCY AND AFFORDABILITY

    Chemistry Council of New Jersey

    Our members continue to be concerned with the high cost of energy in New Jersey.  In a CCNJ membership survey conducted during the months of June and July of 2018, respondents for the eleventh consecutive year, unanimously ranked energy costs as one of the top issues of concern facing their companies in New Jersey.  Energy is a vital component of our industry’s cost structure, and higher energy prices can have a substantial impact on both jobs and the bottom line of our member companies.  New Jersey’s industrial energy rates are still some of the highest in the nation, about 45% above the national average.  As large energy users, the state’s energy policies are of critical importance to our members.


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  • October 19, 2018

    COMMENTS: IN THE MATTER OF THE IMPLEMENTATION OF L. 2018, c. 16 REGARDING THE ESTABLISHMENT OF A ZERO EMISSION CERTIFICATE PROGRAM FOR ELIGIBLE NUCLEAR POWER PLANTS

    On behalf of the Chemistry Council of New Jersey, which represents the business of chemistry in the state, we remain concerned with the potential subsidy for nuclear generation. As I testified during the extensive legislative process, this subsidy will drastically increase the electricity cost to manufactures in NJ, an industry that state has been trying to bolster. The potential cost of this program will increase electricity bills for companies who already pay an average of 45% more than there competition from around the country. To put it in a dollar and cents perspective, this subsidy could cost some smaller manufactures in NJ nearly $100,000 in additional energy cost, while larger manufactures could pay upwards of $1 million annually.


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  • October 11, 2018

    COMMENTS: REGARDING NEW JERSEY 2019 ENERGY MASTER PLAN – REDUCING ENERGY CONSUMPTION

    Energy is a vital component of the industry’s cost structure and higher energy prices can have a substantial impact on our members and the consumers of their products.  As such, we support goals to drive down the cost of energy for all customers, to promote a diverse portfolio of new, clean, in-state generation and to reward energy efficiency and energy conservation and reduce peak demand.  The Council believes that these goals are in the best interests of all energy consumers, as their implementation will lead to significant improvement in energy utilization throughout the state, ensure that the environment remains protected, and foster innovation and economic growth.


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  • September 11, 2018

    ISSUE PAPER: ENERGY IN PERSPECTIVE

    In a Chemistry Council of New Jersey (CCNJ) membership survey conducted during the months of June and July of 2018, respondents for the eleventh consecutive year unanimously ranked energy costs as one of the top issues of concern facing their companies in New Jersey.  One can understand why, since New Jersey’s industrial energy rates are among the highest in the nation. For some energy-intensive products, energy for both fuel and power needs and feedstocks account for up to 85% of total production costs. Because energy is a vital component of the industry’s cost structure, higher energy prices can have a substantial impact on jobs and the bottom line.


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  • May 1, 2015

    Issue Paper: Energy in Perspective

    In a Chemistry Council of New Jersey (CCNJ) membership survey conducted during the months of June and July of 2014, respondents for the seventh consecutive year unanimously ranked energy costs as one of the top issues of concern facing their companies in New Jersey. One can understand why, since New Jersey’s industrial energy rates are among the highest in the nation. For some energy-intensive products, energy for both fuel and power needs and feedstocks account for up to 85% of total production costs. Because energy is a vital component of the industry’s cost structure, higher energy prices can have a substantial impact on jobs and the bottom line.


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Energy Related Chemunique Posts

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  • August 25, 2021

    New Jersey’s Industrial Energy Rates Remain Almost 50% Above The National Average, But CCNJ’s Energy Aggregation Program Can Help You Save

    As New Jersey continues to consider and implement more renewable energy certificates and energy credits (i.e., Successor Solar Incentive Program (SuSI), Solar Renewable Energy Certificate (SREC), Zero Emissions Credit (ZEC), and Offshore Wind Renewable Energy Certificate (OREC)), ratepayers continue to subsidize these programs at an alarming rate.


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  • August 25, 2021

    New Jersey Approves New Solar Program: SuSI

    On July 28th, the New Jersey Board of Public Utilities (BPU) approved a new successor program for incentivizing solar energy in New Jersey. 


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  • August 25, 2021

    Call for Proposals Due Sep. 30: CCNJ Annual Plant Operations Management Virtual Workshop

    For many years, CCNJ has hosted an annual in-person workshop with a focus on plant operations management in December.  Last year, we held the event virtually due to the COVID-19 Pandemic, and it was a success. As New Jersey and the business community begin to navigate the process of safely reopening, and many companies continue to work remotely through the fall, we thought it best to hold this year’s workshop virtually once again.


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  • June 30, 2021

    New Jersey Assembly Environment Committee Unanimously Releases Advanced Recycling Bill

    The New Jersey Assembly Environment and Solid Waste committee recently held a hearing and a vote to release Assembly Bill 5803, which exempts certain plastic materials processed at advanced plastic processing facilities from State laws regulating solid waste disposal and recycling. Innovations in chemistry are now creating solutions for a strong, sustainable future by unlocking the energy in discarded plastics and enabling a more circular economy.


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  • June 30, 2021

    Tax Incentive Bill Close To Becoming Law For Certain NJ Manufacturing Facilities

    Last week, the New Jersey Legislature moved quickly to pass numerous legislative measures, including the State Budget, as they prepare for a long summer break that will likely extend past the November Elections.  During this legislative frenzy, several energy related bills have garnered some attention as New Jersey tries to transition to and increase our production of renewable energy.  However, included in this package was legislation that, if singed by the governor, would provide some financial relief for energy cost associated with certain types of manufacturing in the state. 


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  • June 30, 2021

    Lame Duck Preview: Which Issues May Have Movement After The November Elections

    Now that the New Jersey Legislature is on summer break, there are several issues that are still unresolved. We will be working over the next several months on the following bills


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  • June 30, 2021

    NJDEP NJPACT Update

    On June 17, 2021, CCNJ submitted comments to the New Jersey Department of Environmental Protection (NJDEP) on proposed amendments to “Advanced Clean Trucks Program and Fleet Reporting Requirements”. This was the first of several New Jersey Protecting Against Climate Threats (NJPACT) proposed rules expected following the NJDEP’s rulemaking stakeholder process held last year.


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  • May 28, 2021

    CCNJ Returns To Atlantic City For Annual Conference In October

    In less than 150 days, the Chemistry Council of New Jersey will meet, once again in person, for our 36<sup>th</sup> Annual Conference. The conference take place on Monday, October 25 and Tuesday, October 26, 2021 at The Ocean Resort in Atlantic City, NJ.


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  • May 28, 2021

    New Renewable Energy Bills Are Released By Senate Environment Committee

    Two new bills related to renewable energy have been released by the Senate Environment and Energy Committee on May 11, 2021.   The legislation could have major impacts on the New Jersey energy market, including the likelihood of higher energy rates moving forward.  


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  • April 30, 2021

    Understanding ESG: The Impact of ESG Investing in the Chemical Industry

    Following the publication of CCNJ’s Sustainability Statement, which reaffirms CCNJ’s commitment to environmental, social, and good corporate governance best practices, CCNJ members may be interested in the most recent terminology and thought leadership in the corporate sustainability space.


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Energy Related Resources

  • September 6, 2013

    Chemical Sector Emergency Preparedness Tabletop Exercise After Action Report

    The American Chemistry Council (ACC)-sponsored Chemical Sector Emergency Preparedness Tabletop Exercise (TTX) provided a forum to facilitate discussion and document roles, responsibilities, processes, protocols, and systems used to support an effective public-private response to emerging all-hazard threats and incidents impacting the Chemical Sector. The TTX was meant to validate and provide feedback to enhance the recently developed draft Playbook for an Effective All-Hazards Chemical Sector Response (the “Playbook”). As a joint publication of the U.S. Department of Homeland (DHS) and the Chemical Sector Coordinating Council (CSCC),1 the Playbook is intended to provide a standard operating procedure to assist the Chemical Sector in preparing for, responding to, and recovering from all-hazards emergency events.


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