If Mikey Cheryl, the Democrat in this race, ends up winning, it would be the first time in six decades that a Democrat has controlled uh the governor's mansion three consecutive times. That's of course because Phil Murphy won twice. But in this state, the issues kind of reflect what we're seeing nationally as well.The economy, property taxes, some of the highest in the nation in New Jersey. The electricity prices, those have been the focus of both campaigns for Cheryl and Jack Chidarelli, her Republican opp ...

Market Dynamics & Growth Drivers - Power has become a hot commodity due to its critical role in AI and overall economic function [2] - Increased demand for electricity is driven by AI, LNG exports, cryptocurrency mining, and onshoring of manufacturing [13] - Open AI's potential deals represent massive electricity needs, equivalent to millions of homes [9][10] Electricity Prices & Costs - In New Jersey, power generation accounts for roughly 30% of electricity bills, with transmission and distribution comprising 50% [5] - Transmission costs have increased significantly, with a 300% increase over the last 15 years due to infrastructure upgrades [6][7] - Power generation prices have decreased by 40-50% over the last 15 years, but overall electricity costs are expected to rise faster than inflation [4][8] Power Generation & Capacity - The US has approximately 1200 gigawatts (12 million megawatts) of power generation capacity [11] - Data centers currently consume about 2% (25 gigawatts) of US power generation, with potential to increase to 10% (additional 100 gigawatts) [11] - Nuclear and coal power generation has decreased from 70% to 40% and could potentially lose 150 gigawatts [12] Infrastructure & Reliability - Renewables are often located in remote areas, requiring thousands of miles of expensive transmission lines [8] - Aging power lines (60-75 years old) are prone to failure and pose a reliability risk [7] - Public Service Electric & Gas has invested and plans to invest billions in transmission and distribution upgrades (20-30 billion already, another 30 billion planned) [6]

South Africa’s energy regulator will allow Eskom to raise electricity prices by more than previously permitted after the parties reached a 54 billion-rand settlement https://t.co/fGfYVvxBTB ...

Electricity prices have jumped more than twice as fast as overall inflation in the last year, according to the Bureau of Labor Statistics. https://t.co/FtBhvRN0TC https://t.co/FtBhvRN0TC ...