New Jersey SREC Market Update

Karbone Market Research Briefs

The New Jersey (NJ) Renewable Portfolio Standard (RPS) includes the most ambitious solar carve out of the U.S. states. The 2010 target of 180 gigawatt hours (GWh) of Solar Renewable Energy Credits (SRECs) is unable to be met by the 141 GWh available generation capacity since 2007.