Modifies certain requirements for transmission-scale energy storage procurement under BPU incentive program.

Summary

The legislation changes the Board of Public Utilities’ program that funds up to 1,000 MW of transmission‑scale storage, creating two award tranches with set deadlines and stricter eligibility and application standards. It targets developers seeking state incentives, requiring PJM interconnection milestones, proof of site control, permits, financing and safety compliance. The goal is to speed reliable storage deployment to support New Jersey’s grid and regional planning objectives.

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