New Jersey’s Clean Energy Program and interested stakeholders have begun discussions on a new initiative for the renewable energy sector involving incentives for energy storage. The incentives would be awarded through a competitive solicitation. The idea is to store electricity generated by renewable sources so it can be used at other times when electric demand peaks, or during power outages. Any energy storage projects approved by the state would be limited to those that are integrated with renewable energy systems.
One of the priorities of the new initiative is to allocate funding to projects that can be completed in one year. The other priority of the program is to focus on directing money to energy storage projects that will help critical facilities* continue to operate even if the traditional power grid experiences widespread outages. This issue has been a driving force in reshaping clean energy policies since Hurricane Sandy.
*"Critical facilities” means public facilities, including federal, state, county or municipal facilities, non-profit and/or private facilities, including hospitals and communication centers determined to be Tier I or critical infrastructure facilities by the Office of Emergency Management and/or Office of Homeland Security and Preparedness.
A stakeholder group has begun meeting to discuss concepts for the solicitation. Visit the committee page for meeting dates, notes and presentations. If you would like to join the Energy Storage listserv to receive meeting information and other program data, please make that request here.
A summary of the results of a February 2014 Request for Information survey on proposed energy storage projects and opinions on the energy storage program can be found here.
The Second Straw Proposal for the FY15 Energy Storage Competitive Solicitation was issued July 25, 2014 and comments submitted are compiled in this document.
Performance-based Regulation Market in PJM
- Presentation on July 29, 2014 to the NJ Energy Storage Working Group by Eric Hsia, Manager, Performance Compliance
- PJM report "Performance Based Regulation: Year One Analysis"dated 10-12-13. This report addresses the specific impacts that Performance Based Regulation had on PJM operations, markets and settlements.
Please visit the Energy Storage Meeting page for more information.