SENATE ENVIRONMENT AND ENERGY COMMITTEE STATEMENT TO SENATE, No. 364 with committee amendments STATE OF NEW JERSEY DATED: FEBRUARY 10, 2025 The Senate Environment and Energy Committee reports favorably and with committee amendments Senate Bill No. 364. As amended, this bill revises the provisions of the “Electric Discount and Energy Competition Act,” P.L.1999, c.23 (C.48:3-51 et al.) to include fusion within the definition of Class I renewable energy. This bill was pre-filed for introduction in the 2024-2025 session pending technical review. As reported, the bill includes the changes required by technical review, which has been performed. COMMITTEE AMENDMENTS : The committee amendments to the bill make a technical change to the bill to reflect the correct current form of law.