New Jersey’s Approval of 2GW Energy Storage Target Applauded

on May 25, 2018

Energy-Storage-NewsA set of ambitious policy measures have been put in place in New Jersey, after Governor Phil Murphy signed off documents that aim towards 100% clean energy for the state by 2050.

The Renewable Energy Bill, A3723, and Zero Emissions Certificate Bill S2313, were passed in April, but as PV Tech blogger Edgar Gunther wrotea few days ago, had yet to be given the rubber stamp of approval by the Governor.

Renewables bill includes storage target

As reported by Energy-Storage.News at the time of the bills’ passing, A3723 on renewable energy includes a target to achieve 600MW of energy storage by 2021 and then 2,000MW by the year 2030. Technology types or applications are not specified.

It also includes energy efficiency standards for businesses – including 2% reduction targets for electricity and 0.75% for gas. Also included is the establishment of community solar programmes, a 3,500MW offshore wind capacity target by 2030 and recommendations to improve the sustainability of solar market design.

The overall renewables targets are for 21% of energy sold in New Jersey to come from Class 1 renewable sources by 2020, then 35% by 2025 and 50% by 2030. In addition to the two bills, Murphy signed an Executive Order to investigate the potential for the Garden State to reach 100% clean energy by 2050.

ESA welcomes renewables bill

Energy Storage Association CEO Kelly Speakes-Backman issued a statement applauding Governor Murphy’s action. Speakes-Backman said the “new goal for increasing energy storage will deliver significant economic, environmental and societal benefits to the state.”

“Gov. Murphy joins leaders from California, New York, Massachusetts, Oregon, Nevada and Arizona who are enacting policies to encourage energy storage today,” Speakes-Backman’s ESA statement said.

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Fractal Energy Storage ConsultantsNew Jersey’s Approval of 2GW Energy Storage Target Applauded