November 22, 2024

Storage Incentive Program (SIP)

EDP Renewables
NJ BPU Updates Proposal for Storage Incentives
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.
NJ BPU
Impact of NJ’s Storage Plan on Overburdened Communities Questioned
New Jersey’s BPU needs to enhance and sharply target its Storage Incentive Program if the agency wants to stimulate development in overburdened communities.
NJ BPU
Stakeholders: NJ Storage Incentives Too Small, Slow
The New Jersey Board of Public Utilities’ effort to limit ratepayer costs of its incentive plan to stimulate the development of storage has run into concerns.
NC Clean Energy Technology Center
States Face Challenge Tying Storage Incentives to Emissions Reduction
States need to fund, shape and incentivize projects that contribute to their emission-reduction goals, a speaker told New Jersey’s Clean Energy Conference.
Fluence
New Jersey Offers Plan to Boost Lagging Storage Capacity
The N.J. BPU outlined a proposal to stimulate the development of standalone storage capacity by offering incentives for grid-scale and consumer-level projects.

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