Dive Summary:

• New Jersey’s Office of Clean Energy wants $10 million to store solar and wind energy. That’s despite the state’s recent proposal to cut renewable energy funds down to $7.5M in 2014.
• Energy storage technology can improve renewable power reliability and help NJ reach its goal of sourcing 22.5% of electricity from renewables by 2020.
• Because renewable energy depends on weather conditions, energy storage is imperative for solar and wind to compete with coal and natural-gas generated power.

From the article:
“New Jersey has been a leader in promoting the development of solar installations, ranking only behind California and Arizona in the number of systems it has installed.”