S 3399
Directs BPU to establish virtual power plant program to reduce peak demand for electric energy.
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- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Bill overview
This bill directs the New Jersey Board of Public Utilities (BPU) to create a virtual power plant program aimed at reducing peak electricity demand. The program would involve aggregating distributed energy resources like solar panels and battery storage to provide grid services. It seeks to lower costs for ratepayers, integrate more renewable energy, and improve grid reliability, with a target of reducing peak demand by 500 megawatts by 2030. The program will be overseen by the BPU and will require electric public utilities to collaborate with DER aggregators.
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