"Advanced Grid Technologies Act"; requires State oversight of supplemental projects and establishes expedited review for projects utilizing advanced transmission technologies.*
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Progress
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- Introduced
- Passed General Assembly
- Passed Senate
- To Governor
- Became Law
Overview
The Advanced Grid Technologies Act requires New Jersey electric utilities to seek approval from the Board of Public Utilities before building supplemental projects. It establishes two review processes: one prioritizing projects meeting specific grid performance benchmarks using advanced transmission technologies, and a second focusing on the project’s necessity and cost-effectiveness. The Board will charge application fees to cover review costs, and the public will have opportunities to participate in the review process. The bill also requires utilities to obtain PJM Interconnection’s approval before filing applications.
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