New Jersey S4824 modifies the advanced nuclear energy procurement program to include fusion energy projects.
New Jersey S4824 amends the advanced nuclear energy procurement program to include fusion energy projects. The bill requires the Board of Public Utilities to establish a program promoting the construction of advanced nuclear and fusion energy projects in the state. It mandates the board to issue a request for expressions of interest for fusion energy projects within 180 days of the act's effective date. The board must evaluate proposed projects based on their potential to meet energy reliability and capacity needs, financial integrity, and benefits to ratepayers.
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