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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  • September 13, 2024

    Senator McKeon Introduces Climate Superfund Act

    New Jersey Senator John McKeon (D-27) recently introduced Senate Bill 3545, known as the "Climate Superfund Act."


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  • September 13, 2024

    ‘MADE In New Jersey’ Manufacturing Day Is Celebrating All Things New Jersey Manufacturing

    CCNJ is proud to support "MADE in New Jersey" Manufacturing Day - October 4


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  • August 13, 2024

    Rising Capacity Costs And The Green Energy Shift: Why Now Is The Time To Join CCNJ’s Energy Aggregation Program

    An effective energy procurement strategy requires a strategic understanding of the macro issues influencing markets and the potential challenges they pose in the future. In the current energy landscape, one issue emerges as particularly significant both in the short and long term. The electricity grid is experiencing an unprecedented transition from a system reliant on thermal, dispatchable generation resources to one increasingly dependent on renewable, intermittent generation and energy storage. The effects of decarbonization and the shift towards renewable energy sources are already evident, as reflected in soaring capacity prices.


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  • August 13, 2024

    Grant Hutchings, Infineum, Elected Chair Of CCNJ Board Of Trustees

    The Chemistry Council of New Jersey Board of Trustees has recently undergone a leadership change, with Grant Orin Hutchings, Production Manager at Bayway Chemical Plant, Infineum USA, L.P., being elected as the new Board Chair. Having been a dedicated member of the Board since 2021, Grant brings a wealth of experience in the chemical industry and a strong commitment to safety and efficiency, making him well-suited to guide the Council in this new role.


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  • August 13, 2024

    Hollender And McCabe Appointed To CCNJ Board Of Trustees

    The Chemistry Council of New Jersey  Board of Trustees recently appointed two esteemed professionals to its leadership team, reflecting the Council’s commitment to broadening its perspectives and expertise. At a recent meeting, the Board unanimously selected Rebecca Hollender, Practice Leader with TRC, and Carol McCabe, Managing Partner of Manko, Gold, Katcher & Fox, to serve a two-year term on the Board, representing CCNJ’s Associate Member companies. Their tenure will commence in September 2024.


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  • April 23, 2024

    CCNJ Welcomes 8 New Members In First Quarter Of 2024

    In the first quarter of 2024, the Chemistry Council of New Jersey (CCNJ) welcomed 8 new member companies, comprising 2 Regular and 6 Associate members, marking a strong start to the year.


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  • March 28, 2024

    Senate Committee Moves Legislation To Force Renewable Energy

    Just a few short weeks ago, Senator Smith (D-17)  and Assemblyman DeAngelo (D-14), held a joint meeting of the Senate Environment and Energy Committee and the Assembly Telecommunications Committee to discuss the topics of investing in grid modernization and establishing a mandate to establish a 100 percent clean electricity standard for the state.


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  • January 30, 2024

    CCNJ Releases Agenda For 39th Annual Conference: April 29-30

    CCNJ is thrilled to announce the exciting line-up for its highly anticipated 39th Annual Conference, set to take place at the Ocean Resort & Casino in Atlantic City on April 29-30, 2024. Building on the success of previous years, this conference promises to deliver timely and thought-provoking presentations on industry-leading topics.


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  • January 30, 2024

    CCNJ Closes Out 2022-2023 Legislative Session On A Positive Note

    The 2022-2023 Legislative Session has officially ended, and CCNJ had a very successful end of year


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  • December 21, 2023

    From The Desk Of Dennis Hart, Executive Director

    As we bid farewell to 2023, I extend my deepest gratitude to each one of you for your unwavering support of the chemistry industry and the Chemistry Council of New Jersey (CCNJ).


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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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