production tax credits (PTC)
The Trump administration is tightening the rules on qualifying for tax credits on new wind and solar construction, but not as much as some feared it would.
Large-scale solar and wind projects are facing growing local resistance along with federal policy changes.
Keith Martin, a specialist in tax and renewable energy policy, said a Republican-led Congress would likely look to "cannibalize" parts of the Inflation Reduction Act.
New Jersey's Energy Master Plan says nuclear plants will need to be “retained past current licenses” and predicts that in 2050 nuclear plants will produce 16% of the state’s electricity.
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