New Jersey’s Board of Public Utilities released an update to its proposed Storage Incentive Program that changes how the subsidies for utility-scale projects are determined as the state shoots for 2,000 MW of total capacity by 2030.

On top of its 350 MW of current data center load, PSEG has received formal applications for nearly 400 MW of new data center load and inquiries on over 1,200 MW in data center feasibility studies in new business.

The New Jersey Board of Public Utilities adopted minimum filing requirements that allow utilities to propose programs to promote the development of medium- and heavy-duty electric vehicle chargers.

States can reap long-term savings by upgrading their onshore grids and coordinating transmission development to serve multiple offshore wind projects, but they’ll also face higher upfront costs, supply chain challenges and ratepayer concerns, speakers at a New Jersey conference said.

New Jersey’s offshore wind sector looks to take a key role in the East Coast turbine industry despite the closure of the state’s two most advanced projects.

With data centers, electric vehicles and population growth, electricity demand in New Jersey could soar to 15,000 GWh in the coming years, state officials said at a public hearing on a new plan for connecting offshore wind projects to the grid.

The BPU approval gives offshore wind developer Invenergy time to find an economically viable turbine before committing more resources to the project.