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November 21, 2024
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NJ Lawmakers Back Ørsted’s Tax Credit Plea
Senate, Assembly Committees Approve Use of Federal Tax Credits for Ocean Wind 1
Shutterstock
Jun 29, 2023 | Hugh Morley
The New Jersey Legislature appears to be backing bills that would allow offshore wind developer Ørsted to directly received federal tax credits for its Ocean Wind 1 project.
New JerseyOffshore Wind Power
KeywordsA5651New Jersey Assembly Budget CommitteeNew Jersey Board of Public Utilities (NJ BPU)New Jersey Division of Rate CounselNew Jersey Economic Development Authority (NJEDA)New Jersey General AssemblyNew Jersey Senate (NJ Senate)New Jersey Senate Budget and Appropriations CommitteeOcean Wind 1Offshore Wind (OSW)offshore wind renewable energy certificates (ORECs)OrstedS4019
Hugh Morley
Appeals Court Backs NJ Nuclear Subsidies
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