PJM and the New Jersey Board of Public Utilities (NJBPU) have signed a State Settlement Strategy, filed with the Federal Power Regulatory Fee, permitting New Jersey to solicit transmission enhancements from the corporate.
This request asks PJM for options in serving a further 3,500 MW of offshore wind vitality, totaling 11,000 MW, by 2040.
“The continued collaboration between PJM and New Jersey by the State Settlement Strategy underscores PJM’s dedication to reliably and cost-effectively facilitating states’ renewable vitality coverage targets,” says PJM president and CEO Manu Asthana. “PJM’s aggressive planning course of permits for inventive options to advanced infrastructure challenges. New Jersey has been a frontrunner on this strategy and is usually a template for different states pursuing their particular person vitality insurance policies.”
In 2020, the NJBPU beforehand requested use of the SAA to include New Jersey’s preliminary offshore wind targets into PJM’s regional transmission planning course of.
