Last Updated November 9, 2023
Program Overview
Category:
Regulatory Policy
State:
New Jersey
Incentive Type:
Energy Storage Target
Administrator:
N/A
Start Date:
N/A
Expiration Date:
N/A
Web Site:
Applicable Sectors:
N/A
Eligible Renewable/Other Technologies:
N/A
Summary
A.B. 3723 of 2018 required the Board of Public Utilities to initiate a proceeding to establish a process for achieving a goal of 600 MW of energy storage by 2021 and 2,000 MW by 2030.
The Board issued a straw proposal for a storage incentive program in August 2022 which proposed to incentivize 1 GW of storage by 2030. That program is documented in NJ Board proceeding QO22080540.