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New jersey renewable energy news. Corporation through an extensive public stakeholder process. New jersey s renewable portfolio standard was updated in 2018 to require that 21 of the electricity sold in the state be generated from renewable sources by 2021 35 by 2025 and 50 by 2030. The new jersey board of public utilities on monday released a draft plan that aims to help the state achieve 100 clean energy by 2050 relying on a mix of electrification renewables energy. On september 9 2020 the board of public utilities approved the final new jersey offshore wind strategic plan the state s comprehensive roadmap for achieving 7 500 mw of offshore wind energy by 2035 the plan was developed by ramboll u s.
However in june 2018 the state decided to phase out srecs in favor of a new yet to be established successor solar program. This second solicitation not only reinforces our commitment to fighting climate change and achieving 100 clean energy by 2050 but it secures new. Latest news and information about solar and renewable energy in the garden state. New jersey solar news reviews calculators and more.
Above all the state s renewable portfolio standard and associated solar renewable energy certificate srec market have been instrumental towards growing solar throughout the state. New jersey board of public utilities president joseph fiordaliso said. Renewable energy on the ballot question renewable energy on the ballot question credits. New jersey governor phil murphy pictured said.
New jersey offshore wind strategic plan. I m excited about anything that advances offshore wind and our new clean economy. Developing new jersey s offshore wind industry will bring thousands of good paying jobs and millions of dollars in economic development to our state to aid our economic recovery from covid 19. In 2019 new jersey released its energy master plan.
Pathway to 2050 a plan to meet 100 of the state s energy needs with clean energy by 2050.
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