Opponents of a natural gas-fired power plant planned for an already polluted low-income area in New Jersey celebrated Thursday after hearing the company that proposed the project no longer plans to build it, citing low energy prices.
Competitive Power Ventures wanted to build a second plant beside one it already operates in Woodbridge, about 20 miles (30 kilometers) south of Newark. The company previously said the expansion is needed because of growing demand for energy, pitching it as a reliable backup source for solar and wind energy when those types of power are not available.
