Establishes natural gas power plant procurement program in BPU.

Summary

The bill orders the New Jersey Board of Public Utilities (BPU) to issue a request for expressions of interest from developers to build new natural‑gas power plants that together can generate at least 1,100 MW. It sets deadlines for submissions, defines how projects are evaluated and provisionally qualified, and requires negotiations on price, funding and cost‑share terms to protect ratepayers while improving the state’s electricity reliability and capacity.

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