Barbara J. Koonz

The New Jersey Economic Development Authority’s (EDA) “Next NJ Program – AI” tax credit incentive remains available to developers of large-scale data centers that provide AI processing functions. The Next NJ Program Act, which was signed into law on July 25, 2024, seeks to attract the artificial intelligence industry and AI-related businesses to New Jersey.

What You Need to Know New Jersey has enacted legislation that reshapes the state’s regulatory framework for nuclear energy development Supported by existing nuclear providers in the state, the legislation removes the statutory barrier that had operated as a “de facto” moratorium on the construction and operation of new nuclear energy generation facilities for more than four decades The new law amends the Coastal Area Facility Review Act (CAFRA) and works hand-in-hand with Governor Sherrill’s...

What You Need to Know New opportunities for energy storage come with the launch of Tranche 2 of the Garden State Energy Storage Program, which targets 645 MW of transmission-scale storage with pre-qualification materials due by June 10, 2026.