The bill amends the Electric Discount and Energy Competition Act to include "fusion" in the definition of Class I renewable energy, alongside existing sources such as wave or tidal action, small-scale hydropower facilities with a capacity of three megawatts or less, and methane gas from landfills or sustainably cultivated biomass. This addition aims to diversify New Jersey's renewable energy sources and promote innovative energy technologies, reflecting a growing recognition of fusion energy's potential as a clean and sustainable option. The bill emphasizes the state's commitment to advancing clean energy technologies, particularly in light of the Princeton Plasma Physics Laboratory's research in fusion energy.

In addition to the inclusion of fusion energy, the bill introduces several definitions and clarifications related to gas and electric services, such as "gas related service," "gas supplier," and "government aggregator." It establishes the roles of these entities and outlines the concept of a "government energy aggregation program," which allows government aggregators to contract for energy services on behalf of their constituents. The bill also defines terms related to energy standards and customer choice, aiming to enhance the regulatory framework governing energy supply and services, promote competition, and uphold environmental standards in the energy market. The act is set to take effect immediately upon passage.

Statutes affected:
Introduced: 48:3-51