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May 22, 2024
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Stakeholders: NJ Storage Incentives Too Small, Slow
The BPU's proposed Storage Incentive Program would award incentives in capacity blocks, which start small and get larger in later years. But some developers say the blocks should be bigger at the beginning, to jump-start the program.
The BPU's proposed Storage Incentive Program would award incentives in capacity blocks, which start small and get larger in later years. But some developers say the blocks should be bigger at the beginning, to jump-start the program. | NJ BPU
The New Jersey Board of Public Utilities’ effort to limit ratepayer costs of its incentive plan to stimulate the development of storage has run into concerns.
Energy StorageNew JerseyState and Local PolicyTransmission & Distribution