New Jersey S258 mandates electric public utilities to create and execute grid modernization plans and allocates $300 million for related grants.
New Jersey S258 requires electric public utilities to develop and implement grid modernization plans aimed at enhancing the electric transmission and distribution system. The bill mandates the Board of Public Utilities to approve these plans, which must include projects like integrating energy storage systems, increasing the capacity for distributed energy resources, and preparing the system to meet the state's greenhouse gas emissions goals.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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