Bill > S364

This bill adds fusion to the list of Class I renewable energy sources as defined in the Electric Discount and Energy Competition Act. Specifically, the bill modifies the existing legal definition of "Class I renewable energy" to include fusion alongside other renewable energy technologies such as solar, wind, geothermal, wave or tidal action, and small-scale hydropower. This means that electric energy produced from fusion will now be considered a Class I renewable energy source in New Jersey, which could potentially make fusion energy eligible for certain renewable energy incentives or programs. By expanding the definition, the bill may help promote and support the development of fusion energy technology as a potentially clean and sustainable form of electricity generation. The modification is technically simple, involving just the insertion of the word "fusion" into the existing list of renewable energy sources, and the bill takes effect immediately upon passage.

Agriculture and Natural Resources, Transportation and Infrastructure

https://www.njleg.state.nj.us/bill-search/2024/S364