New Jersey Data Center Intel

Recent New Jersey data center news

• Feb 12, 2024

  FirstEnergy increases 5-year spending plan 44%, to $26B, drops 2030 carbon goal

  FirstEnergy plans to increase its 5-year spending plan by 44% to $26 billion. The company will focus on improving its distribution system, including grid modernization and investments in clean energy technologies. However, FirstEnergy has dropped its goal of reducing carbon dioxide emissions by 30% below 2019 levels by 2030. The company still aims to achieve net carbon neutrality by 2050. FirstEnergy’s fourth-quarter income from continuing operations improved significantly compared to the previous year.