New Jersey has released a plan detailing how it will procure 7,500 MW in offshore wind resources as part of its goal to reach 100% clean energy by 2050.

PJM’s Monitor released a report concluding that New Jersey ratepayers would likely see costs increase if the state left the RTO’s capacity market.

The New Jersey BPU extended the SREC program deadline for solar developers who were prevented from receiving approval for projects due to pandemic-related disruptions.

New Jersey is winding down a solar energy program that helped place the state near the top of solar production in the country.

New Jersey officials have taken the first step in determining whether the state should remain in PJM’s regional capacity market or go in another direction.

New Jersey Gov. Phil Murphy said the state will procure the remainder of its 7,500-MW offshore wind goal in five solicitations through 2028.

New Jersey Gov. Phil Murphy outlined how the state will meet its goal of 100% “clean energy” and an 80% reduction in greenhouse gas by 2050.

New Jersey doubled its offshore wind goal, committing to 7,500 MW of generation by 2035 in hopes of being the “nexus of the global offshore wind industry.”

The New Jersey Board of Public Utilities approved zero-emission credits totaling $300 million for the Hope Creek and Salem nuclear plants.