Dive Summary:
- New Jersey's Office of Clean Energy, in conjunction with the New Jersey Board of Public Utilities, has earmarked $2.5 million for a waste-to-energy project in the state.
- The initiative was set forth by the agencies in an effort to produce clean energy for the state and will endow up to $12 million for the biomass project over four years.
- New Jersey plans to reduce greenhouse emissions and to produce 22.5% of its electricity from a renewable energy source by 2020, a goal that can be expedited by building more biomass facilities.
From the article:
... In the Rutgers study, the state was urged to target resources to develop public-private partnerships to operate power and fuel plants in two to three years, according to Dave Specca, assistant director of the Rutgers EcoComplex.
If tapped, those 5.4 million tons of waste could generate more than 1,124 megawatts of electricity -- a larger amount than New Jersey’s highly touted solar program now generates, or the equivalent of approximately 311 million gallons of gasoline-equivalent fuel...