Requires study of ocean energy potential; directs BPU to establish wave and tidal energy generation goals and take other action to establish NJ as nationwide leader in ocean energy.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill directs the New Jersey Board of Public Utilities (BPU) and the Department of Environmental Protection (DEP) to study the potential of wave and tidal energy in the state. It mandates the creation of generation goals for these renewable energy sources and requires the BPU to establish procedures for pilot projects and incentivize their development. The goal is to position New Jersey as a national leader in ocean energy and contribute to the state’s clean energy goals.
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