New Jersey Strengthens Renewable Energy Portfolio

New Jersey’s Renewable Energy Task Force, created by Governor McGreevey in January 2004, finalized in March plans to strengthen the State’s

renewable portfolio standard (RPS), which requires energy suppliers to provide a certain percentage of renewable power, including that from solar, wind, renewable biomass, landfill gas, geothermal, and tidal sources. The Task Force recommended doubling the current RPS from 2% to 4% by 2008 and established a new requirement that the State acquire 20% of its power from renewable sources by 2020. Governor McGreevey accepted the recommendations and asked the Board of Public Utilities to begin implementing them.