New Jersey S3370 mandates the Board of Public Utilities to review and analyze electricity load forecasting data from utilities.
New Jersey S3370, known as the "Load Forecast Accountability Act," requires the Board of Public Utilities to review and analyze load-forecasting information provided by electric public utilities. This information, which estimates future peak demand, is crucial for ensuring the adequacy of electric supply and maintaining system reliability. The board must also coordinate with PJM Interconnection, L.L.C. (PJM) to ensure that load-forecasting information is incorporated into PJM's regional planning in a fair, accurate, and non-duplicative manner.
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