Tag: new jersey

Energy Storage Is Coming to New Jersey

The New Jersey legislature recently passed a bill (the “Bill”) that would set a goal of reaching 600 megawatts of energy storage capacity by 2021 and 2 gigawatts by 2030.[1] This represents one of the largest energy storage implementation goals in the country and likely signals the coming of a large new market for energy storage. The Bill requires the … Continue Reading

New Jersey Solar Energy Legislation Signed into Law

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

New Jersey Adopts Rules for Offshore Wind Energy Approval

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
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