Utility Dive•about 1 month ago
In New Jersey, we’re leading by example, tackling energy affordability head-on
- •New Jersey's BPU is actively expediting the development and deployment of solar and energy storage projects, signaling a favorable regulatory environment for developers.
- •The BPU is advocating for significant structural market and cost recovery reforms at state, regional (PJM), and federal (FERC) levels, which could impact market rules, pricing, and investment for both developers and large loads.
- •A primary focus is tackling energy affordability, suggesting potential changes in cost allocation and recovery mechanisms that could affect large power consumers' operational costs and developers' project economics.
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