Analysis of New Jersey Electricity and Energy Demand Requirements Makes Strong Case for Natural Gas Pipelines [Yahoo! Finance]
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Source: Yahoo! Finance
SPRINGFIELD, N.J. April 17, 2024 /PRNewswire/ -- An analysis of New Jersey energy demand and requirements shows that three out of four New Jersey households currently rely on natural gas for heating and 80 percent of New Jersey residents support the construction of natural gas pipelines that would significantly reduce overall emissions. The analysis completed for Affordable Energy for New Jersey (AENJ) by Dr. Ellen Wald , co-founder of Washington Ivy Advisors, reviewed New Jersey's energy needs, sources, public opinion and future consequences. "It is clear from the information obtained that without more natural gas, the demands due to population and economic growth, and increased electrification will strain New Jersey's electrical grid to the breaking point," Dr. Wald concluded. "Natural gas pipeline represent the safest, most dependable, and most environmentally-friendly method of transporting natural gas to prevent that scenario. All demographics of New Jersey residents also su
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