New Jersey A4529 extends the deadline for the Board of Public Utilities to approve incentive awards for transmission-scale energy storage systems.
New Jersey A4529 modifies the requirements for transmission-scale energy storage procurement under the Board of Public Utilities incentive program. The bill extends the deadline for the Board of Public Utilities to approve incentive awards for eligible projects from June 30, 2026, to December 31, 2026. It also modifies certain project maturity requirements to expand the eligibility of projects for incentive awards under Tranche 2 of the program.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.