Energy Storage News•24 days ago
Elevate Renewables developing 600MWh New Jersey BESS through state’s energy storage programme
Key Takeaway
New Jersey's selection of a 600MWh BESS highlights the state's commitment to large-scale energy storage, creating a precedent and market opportunity for developers and enhancing grid resilience in the PJM region.
AI Summary
- •Elevate Renewables is developing a substantial 600MWh Battery Energy Storage System (BESS) in Ridgefield, New Jersey.
- •The project was selected by the New Jersey Board of Public Utilities (NJBPU) as part of the state's energy storage programme, signaling strong state-level support and a clear development path for large-scale storage.
- •This significant BESS project in PJM territory indicates growing opportunities for developers in the region and potential for enhanced grid stability and new market services for large power consumers.
- •The state's program provides a regulatory framework and potential incentives, reducing development risk for future storage projects.
Topics
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