Published on April 09, 2024 by Dave Kovaleski <\/p>\n
Shutterstock <\/p>\n
The New Jersey Board of Public Utilities will use PJM Interconnections competitive planning process to help New Jersey advance its offshore wind goals. <\/p>\n
The collaboration, which asks PJM to solicit transmission solutions to serve an additional 3,500 MW of offshore wind energy, totaling 11,000 MW, by 2040, was approved by the Federal Energy Regulatory Commission (FERC). <\/p>\n
This is the second time New Jersey has leveraged a provision in PJMs Operating Agreement that enables the state to take advantage of PJMs expertise and planning process to develop transmission improvements. <\/p>\n
Overall, New Jersey is the first state to use PJMs State Agreement Approach process to advance public policy goals. PJMs work with NJBPU has been cited as a model for other states to develop the transmission infrastructure needed for their own energy policies. <\/p>\n
PJM filed the agreement, signed by both PJM and NJBPU, with FERC on Feb. 2. It was made effective as of Jan. 3, 2024, as requested. <\/p>\n
This is the next phase of PJMs State Agreement Approach Study Agreement, or SAA 2.0. In November 2020, NJBPU requested the use of the SAA to incorporate New Jerseys initial offshore wind goals of 7,500 MW by 2035 into PJMs regional transmission planning process. <\/p>\n
That resulted in NJBPU awarding $1.1 billion in projects to construct the onshore transmission facilities necessary to deliver those 7,500 MW to New Jersey customers. Those enhancements to the grid are currently being implemented by the designated entities that were awarded project components. <\/p>\n
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FERC approves collaboration between PJM, New Jersey to boost offshore wind - Daily Energy Insider<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Published on April 09, 2024 by Dave Kovaleski Shutterstock The New Jersey Board of Public Utilities will use PJM Interconnections competitive planning process to help New Jersey advance its offshore wind goals. The collaboration, which asks PJM to solicit transmission solutions to serve an additional 3,500 MW of offshore wind energy, totaling 11,000 MW, by 2040, was approved by the Federal Energy Regulatory Commission (FERC). This is the second time New Jersey has leveraged a provision in PJMs Operating Agreement that enables the state to take advantage of PJMs expertise and planning process to develop transmission improvements. Continue reading