State Agreement Approach
PJM and the NJBPU are considering how to avoid "free riders" in future uses of the RTO’s State Agreement Approach for public policy upgrades.
New Jersey regulators voted to spend $1.07 billion on transmission upgrades to deliver 6,400 MW of offshore wind generation to the PJM grid.
Delivering power from New Jersey’s planned offshore wind projects will cost at least $1.2 billion and could total more than $7 billion, PJM said.
FERC approved the SAA sought by the New Jersey BPU and PJM that gives them greenlight to build transmission to deliver 7.5 GW of planned offshore wind.
The cost to New Jersey ratepayers of building transmission infrastructure tying the state’s offshore wind projects to the grid could be cut.
The key to minimizing the impact of running transmission lines from N.J.’s offshore wind projects to the onshore grid will be collaboration between developers.
PJM stakeholders endorsed an update to the generation deactivation process as some members asked the RTO to slightly modify the proposed timing language.
Ocean Wind project developer Ørsted has asked the New Jersey BPU to approve an easement to run cables in Ocean City regardless of the town’s wishes.
PJM and New Jersey asked FERC to OK their plan for building transmission to deliver the state’s planned 7,500 MW of offshore wind.
Con Ed has submitted a proposal for a 2.4-GW transmission “backbone” to the New Jersey BPU to bring offshore wind-generated electricity to the PJM grid.
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