"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 Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
The Advanced Grid Technologies Act requires New Jersey’s electric utilities to seek approval from the Board of Public Utilities before constructing supplemental projects. It establishes two review processes: one prioritizing projects utilizing advanced transmission technologies (ATTs) that meet specific grid performance benchmarks, and a second process for projects deemed necessary for reliable service. The bill aims to expedite the review of projects using ATTs while ensuring utilities can efficiently manage construction and finance projects without harming customers.
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