Clean-burning natural gas from BlueOcean Energy is an ideal complement to the New Jersey Energy Master Plan. Released in October 2008, the Energy Master Plan provides a road map for reliable supplies of electricity and heating fuels at a reasonable price, consistent with the state’s environmental priorities.
According to the New Jersey Energy Master Plan:
- "Growth in the supply of electricity is not keeping up with growth in demand."
- "We cannot meet our 2020 needs for electricity solely by maximizing renewable energy and energy efficiency."
- "Importing additional conventional coal-based electricity, or developing more high-emitting power plants within New Jersey, will undermine our efforts to fight global warming."
- "Natural gas is an essential fuel for the development of combined heat and power, and for peaking power."
- "Diversification of the state's fuel portfolio can increase reliability and encourage competition, which may help stabilize energy prices in New Jersey. Therefore, any liquefied natural gas terminal or other fuel supply project that meets the Department of Environmental Protection's strictest environmental requirements will be permitted for operation."
How BlueOcean Energy aligns with the plan
The BlueOcean Energy floating liquefied natural gas (LNG) terminal would provide access to large quantities of safe, reliable natural gas to heat homes, fuel businesses and generate electricity.
- Natural gas-fired power generation, with less than half the life-cycle carbon dioxide emissions of coal, could reduce the need for new coal-fired electricity or coal-based power imports.
- Natural gas-fired power plants can be installed rapidly and at a lower cost compared with coal-fired power plants.
- Wind and solar are intermittent sources of electricity because they rely on variable natural conditions such as daylight and weather. Natural gas-fired electricity plants can power up and down, as needed, so are well suited to complement renewable energy.
- Natural gas is the most common fuel for combined heat and power (cogeneration) plants and also for peaking power during high demand periods.
Read more:
