July 14, 2020
Holding on to power – Why storage is a crucial part of the state’s new energy vision
Today, only 5 percent of New Jersey’s total electricity generation is from renewable sources. This is mostly solar with some biomass and wind. However, the 2019 NJ Energy Master Plan sets a goal of 100 percent of the state’s energy needs coming from clean energy by 2050. There are many pieces to hitting this target, but the state has mandated that 50 percent of its electricity should come from renewable sources by 2030. For example, 3,500 megawatts (MW) of offshore wind generation capacity is a part of this mandate. This figure represents 20 percent of today’s 18,000 MW of total electric generator capacity.