News Stories
Sponsored by Earth Etch. Regulatory insight and compliance solutions for today’s energy markets.
Comments Filed On Garden State Energy Storage Program
NJR Clean Energy Ventures (NJRCEV ) filed detailed comments on the Garden State Energy Storage Program (GSESP).
Among other things, NJRCEV requested BPU: (1) “Relax maturity requirements (starting with Phase 1 – Tranche 2) to allow projects which have applied to PJM’s Surplus Interconnection Service (SIS) process to submit their projects for GSESP approval, as opposed to requiring executed Interconnection Service Agreements”; (2) “Provide priority to PJM SIS projects by creating a separate capacity allocation, coupled with rolling incentive approvals, to accelerate the roll-out of the GSESP and ensure that shovel-ready assets are not delayed by annual solicitation cycles”; (3) “Provide an explicit scoring credit or adder in for co-located storage that leverages existing points of interconnection, accelerates CODs, and/or lowers interconnection upgrade costs”; (4) “Increase incentive level expectations for all Phases to account for rising EPC costs, inflation, and tariff pressures on project economics”; (5) require utilities “to conduct a transparent, collaborative valuation process for the distribution benefits-calculations that will determine the PBIs available under Phase 2,” including “a pathway for in-front-of-the-meter assets who are interconnected with the [utilities] (as opposed to PJM) to be compensated for their grid services”; (6) “Establish clear authorization for energy storage systems registered in different GSESP Phases to be co-located on the same parcels of land”; and (7) “Confirm sources of program funding and how those sources will be secured long-term.”
QO22080540
(Proceeding To Consider The New Jersey Energy Storage Incentive Program (“NJ SIP”))

