A 4529
Modifies certain requirements for transmission-scale energy storage procurement under BPU incentive program.
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Sign in to take action- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill extends the deadline for the New Jersey Board of Public Utilities (BPU) to approve incentive awards for transmission-scale energy storage projects under the state’s energy storage program. Specifically, it pushes the deadline for Tranche 1 and Tranche 2 awards to December 31, 2026, from June 30, 2026. The bill also loosens some project requirements to allow more projects to qualify for incentive awards, particularly under Tranche 2. This change is intended to encourage more investment in energy storage infrastructure.
Sponsors
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Primary sponsors
Kevin Egan
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