New Jersey Considers Doubling RPS Mandate

November 29, 2005 Newark, New Jersey [RenewableEnergyAccess.com] New Jersey already has the most generous solar incentives in the nation, and if new policies are adopted to the state's broad requirements, solar and all renewable energy technologies will stand to gain greatly over the next decade and beyond.

Translate: FROM English | TO English

The New Jersey Board of Public Utilities (NJBPU) currently is considering modifications to the state’s existing Renewable Portfolio Standards (RPS). The proposed amendments would increase the state’s RPS percentage of Class 1 (solar, wind, sustainable biomass) to 20 percent by the year 2020 from the current requirement of 4 percent by 2008. The proposal also would require that 2 percent of this amount come from solar electric systems.

The economic impact of this proposed increase was evaluated by the Center for Energy, Economic and Environmental Policy (CEEEP) – at Rutgers’ Bloustein School – that determined it would have "a negligible impact on the growth of our economy and will result in a less than 2 percent increase in electric rates over 20 years." They further reported that "This proposal would keep New Jersey as a national leader in the development of renewable energy."

The RPS proposal is part of the re-adoption of Chapter 4 (Energy) of the NJBPU’s regulations. The proposed rule change can be found on the NJBPU website that follows this article.

After being published in the New Jersey Register on October 17, a 60-day public comment period that extends though December 16th is provided. A public hearing on the proposed rule changes will be held on December 6 at 10 a.m., Board Hearing Room, New Jersey Board of Public Utilities, Eighth Floor, Two Gateway Center, Newark, NJ 07102.

Written comments must be submitted by December 16, 2006 to the following address: Kristi Izzo, Secretary, New Jersey Board of Public Utilities, Attn: BPU Docket Number EX05080733, Two Gateway Center, Newark, NJ 07102.
For further Information

http://renewableenergyaccess.com/rea/news/story?id=39864

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

The copyright of this article resides with the author or publisher indicated. As part of its noncommercial educational effort to present the environmental, social, scientific, and economic issues of large-scale wind power development to a global audience seeking such information, National Wind Watch endeavors to observe “fair use” as provided for in section 107 of U.S. Copyright Law and similar “fair dealing” provisions of the copyright laws of other nations. Send requests to excerpt, general inquiries, and comments via e-mail.

Wind Watch relies entirely
on User Funding

(via Stripe)

(via Paypal)

Share:

[ Short URL: https://wind-watch.org/news/?p=634 ]

« Later Post • News Watch Home • Earlier Post »

CONTACT	•	DONATE	•	PRIVACY	•	ABOUT	•	SEARCH
© National Wind Watch, Inc. Use of copyrighted material adheres to Fair Use. "Wind Watch" is a registered trademark.

Follow: