New Jersey Turns to Big Batteries as Power Prices Rise

New Jersey Turns to Big Batteries as Power Prices Rise

As solar and offshore wind projects stall, New Jersey just awarded its biggest incentives to battery storage projects to help reach its climate goals and stabilize electricity prices for consumers. The New Jersey Board of Public Utilities (BPU) earlier this month announced incentives for three large battery storage projects totaling 355 megawatts under the Garden State Energy Storage Program, or GSESP.  The agency said the projects will provide flexible, on-demand power to the PJM regional grid...
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