New Jersey A3132 mandates the Board of Public Utilities to create a virtual power plant program aimed at reducing peak electric energy demand.

New Jersey A3132 requires the Board of Public Utilities (BPU) to establish a virtual power plant program designed to reduce peak electric energy demand by 500 megawatts by 2030. The program will aggregate distributed energy resources, such as residential solar systems and electric vehicle charging systems, to provide grid services. Electric public utilities will implement the program, but direct control of customers' electricity usage or storage will be managed by third-party DER aggregators.

New Jersey A3132 mandates the Board of Public Utilities to create a virtual power plant program aimed at reducing peak electric energy demand.

New Jersey A3132 requires the Board of Public Utilities (BPU) to establish a virtual power plant program designed to reduce peak electric energy demand by 500 megawatts by 2030. The program will aggregate distributed energy resources, such as residential solar systems and electric vehicle charging systems, to provide grid services. Electric public utilities will implement the program, but direct control of customers' electricity usage or storage will be managed by third-party DER aggregators.