Showing posts with label A3723/S2314. Show all posts
Showing posts with label A3723/S2314. Show all posts

April 16, 2018

New Jersey Passes Nuclear Subsidies, Boosts Renewables Target to 50%



The RPS bill includes a 2 gigawatt energy storage target and sets higher goals for solar. The nuclear bill includes a lot of controversy.


The New Jersey state legislature passed three bills on Thursday that are designed to maintain and enhance access to low-carbon resources in the Garden State.

One piece of legislation (A3723/S2314) boosts New Jersey’s renewable portfolio standard to 35 percent by 2025 and 50 percent by 2030 — putting the state in line with clean energy leaders, New York and California. The same bill also increases New Jersey’s solartarget, enables the launch of a community solar program and establishes a process to deploy 2 gigawatts of energy storage by 2030.