June 7, 2023
New Jersey has a commitment to a 100% renewable generation by 2050 (50% by 2030). With a robust and long-running set of renewable programs and battery storage incentives coming soon, New Jersey currently stands as the best state for renewable energy in the country. With renewables now counting for 8% of all installed capacity, New Jersey has a bright solar future.
On June 14th at 12 PM EST, the Empower Energies team will host a webinar called New Jersey’s Renewable Future: The #1 Solar and Storage Market in the US which aims to inform the participants on the ever-expanding programs the New Jersey has to offer for solar projects as well as helping corporate and public sector building owners take advantage of all the incentives and opportunities available.
What to expect
On the agenda, we’ll discuss:
- Background on New Jersey solar programs, starting from the Electric Discount & Energy Competition Act in 1999 to the most recent SuSI program (Successor Solar Incentive program) in 2021.
- Successor Solar Incentive aka the SuSI program which finalized the transition of SRECs to TRECs in to SREC-IIs
- The opportunities inherent to bundled and unbundled REC pricing in NJ
- New Jersey’s upcoming Battery Storage Incentive Program
- Impact of the Federal ITC (Investment Tax Credit)
- A case study showcasing how New Jersey’s programs dramatically improve the economics and payback of solar and energy storage projects in the state
- A ranking of NJ against other hot renewable energy markets in the US
The Speakers
Alberto Diaz – Director of Business Development
Alberto Diaz is a highly accomplished professional with extensive experience in the renewable energy industry. Currently serving as a Director of Business Development at Empower Energies, Alberto is responsible for developing renewable energy projects for the Fortune 500 and regional corporations. Alberto’s expertise in power plant development has been honed during his tenures at energy companies such as Wärtsilä, SunEdison, EDF, and Constellation where he contributed to the development of large-scale solar, natural gas, coal, heavy fuel, and biomass electricity generation projects. With a background in corporate partnerships and business development, Alberto has helped drive innovation in the energy sector. His proficiency in the field also led him to work as an independent energy business development consultant, collaborating with various domestic and international new-tech energy companies. Alberto holds an MBA in International Business from Thunderbird School of Global Management, solidifying his business acumen and global perspective in the industry.
Frank Goppel – Director of Business Development
Frank Goppel is a highly accomplished professional with a strong background in business development and strategic consulting for the renewable energy industry. Currently serving as a Director of Business Development at Empower Energies, Frank specializes in developing solar, battery energy storage, and energy efficiency solutions while providing strategic consulting services to Fortune 500 companies. With prior experience at Duke Energy Corporation, VMware, Pivotal Software, and Solect Energy, Frank has a proven track record of consulting with commercial and industrial customers to design tailored energy solutions that align with their resiliency, sustainability, and financial objectives. Frank’s educational background includes a bachelor’s degree in mechanical engineering from Cornell University and an MBA with a focus on high technology business from Babson F.W. Olin Graduate School of Business, where he graduated magna cum laude. With his comprehensive skill set in financial analysis and business development, Frank is committed to driving innovation and helping organizations achieve their energy and sustainability goals.
Why you should sign up.
It can get overwhelming to determine what program can be applied and what benefits can be received. Before developing a renewable energy project in NJ, it is important to understand these programs and the implications of current federal programs, such as the Investment Tax Credit (ITC).
All attendees will receive access to the webinar recording and slides after the presentationand the final recording will be hosted on our website here.
