From my colleague Alex Mertens: On July 23, New Jersey Governor Chris Christie signed into law a bill which amends the state’s solar energy incentive program in an effort to stabilize the market for solar renewable energy credits (SRECs) and support the development of solar projects within the state. Key features of the law include: … Continue Reading
In a long-awaited announcement, last week the New Jersey Board of Public Utilities adopted rules to codify the State’s Offshore Wind Economic Development Act. The new rules provide the process for an applicant to submit project information and to propose a pricing method and structure for Offshore Renewable Energy Credits (ORECs) for the Board’s consideration. … Continue Reading