Requires BPU to work with neighboring states to research and recommend certain action concerning electric capacity and transmission.
Reported with Assembly committee amendments Second Reading Assembly
Summary
The bill directs the Board of Public Utilities to work with nearby states to explore options that could replace New Jersey's participation in PJM's capacity market and high‑voltage transmission system. It would require utilities to prove they have 80% of needed capacity secured for five years and consider withdrawing from PJM in favor of a multi‑state compact or a new transmission arrangement. A report with findings and recommendations must be delivered by Dec. 31, 2025.
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