Ideally, PJMs transmission planning process will continue to evolve to proactively plan a regionally optimal grid of the future. The State Agreement Approach allows the NJ BPU to select different proposed transmission enhancements or expansions for inclusion in the Regional Transmission Expansion Plan. NJBPU will immediately work with PJM to begin the SAA 2.0 process. PJMs robust competitive bidding process forces developers to propose lower costs and innovative proposals resulting in efficiencies and ratepayer savings. 65 0 obj <>stream The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. NJBPU Moves to Make New Jersey First State to Align Offshore Wind Transmission Policy with Regional Plan, https://www.njcleanenergy.com/renewable-energy/programs/nj-offshore-wind, beach crossings with potential offshore collector platforms, which collect energy from multiple wind farms, and. 2023 Curators of the University of Missouri. Non-competition agreements restrict the actions of employees . Simply put, transmission is the delivery of electricity from the generation station to the local distribution system; it is the highway for electricity. Planning FERC Accepts PJM and NJ BPU State Agreement Approach Study Agreement February 26, 2021 3569 The Federal Energy Regulatory Commission accepted the study agreement between PJM and the New Jersey Board of Public Utilities on Feb. 16, marking an important initial step in advancing New Jersey's offshore wind goals. WIND A PUBLIC POLICY OF THE STATE OF NEW JERSEY ) ) ) ) ) ORDER ON THE STATE AGREEMENT APPROACH SAA PROPOSALS DOCKET NO. In the SAA Filing, PJM submitted for filing an executed State Agreement Approach Agreement between PJM and the New Jersey Board of Public Utilities, designated as Rate Schedule FERC No. Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications and cable television. NJBPU recognized early on the value of PJMs independent, competitive and proven transmission planning process, and we look forward to continuing to help New Jersey achieve its offshore goals reliably and as cost-effectively as possible.. NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate and proper utility services at reasonable rates for New Jersey customers. endstream endobj 47 0 obj <>stream In 2020, New Jersey became the first state to take advantage of the PJM's "state. f^-e*AxV-1c8z sz#9`3CVsM)-R1o/7sh{R68R%DH7BQh U: 72oS3/rsNs. Were always seeking bright, collaborative professionals to join our team. United States of America Before the Federal Energy Regulatory - Pjm ha/Ho Joseph Fiordaliso is President of the NJ Board of Public Utilities. The second component (Option 1b) requests developers to submit proposals for extending the onshore transmission grid closer to the shore, creating so-called power corridors. These corridors would serve to extend the onshore high-voltage transmission system closer to the shoreline, providing planned landfall locations to optimize efficiency and minimize environmental disturbances. :oO& %WT$u4rh4Iv)}SIk[)t{}}|Ei/bj5~W2e LF&_L}Rd#p#S?fd"dq* 3J{J/SVk6:m}}m c{g:g/E`47*h*J}Nwu^_??3d$z14T-LjMDHEw1AibDX*BqV< v'I7 S)j The program is authorized and overseen by the New Jersey Board of Public Utilities (NJBPU), and its website is www.NJCleanEnergy.com. FERCs order establishes a template for all states in the PJM region to implement their specific public policies with the help of PJMs independence, expertise and proven competitive planning process. By exploring offshore wind transmission options through the State Agreement Approach, well work collaboratively with PJM to identify potential solutions that meet the states needs and ensure the best value for ratepayers. At the end of the process, NJBPU will decide whether to proceed with any combination of the proposed transmission projects, but reserves the right to terminate the process at any time without making a selection. The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Those projects will interconnect as directed in the applicable Board Orders approving qualified offshore wind projects. The provision enables a state, or group of states, to propose a project to assist in realising state public policy requirements as long as the state (or states) agrees to pay all costs of any state-selected build-out included in the Regional Transmission Expansion Plan (RTEP), which typically includes projects driven by reliability or market-efficiency criteria, FERC said. These rules determine how and when to expand and enhance the regional grid, and outline a highly competitive, robust procurement structure to select which projects get built. Upon receipt of the proposals, NJBPU Staff may decide to terminate the SAA process, if it is in the best interest of the State. Free New Jersey Partnership Agreement Template - PDF - eForms About the New Jersey Board of Public Utilities (NJBPU). In New Jersey and other Mid-Atlantic states, the transmission planning process is based on a detailed set of rules, approved by the Federal Energy Regulatory Commission (FERC) and implemented by the regional grid operator PJM Interconnection (PJM). To learn more about cookies, how we use them on our site, and how to change your cookie settings, please view the section on cookies in our, Credit, Derivatives & Structured Products, Electricity Litigation & Regulatory Disputes, Telecommunications, Media & Entertainment, Brattle Consultants Evaluate New Jersey State Agreement Approach for Offshore Wind Transmission in Recent Report. stream Using the SAA process to identify and award these projects is estimated to save ratepayers hundreds of millions of dollars, in addition to providing many other ancillary benefits. Allow the state to more cost-effectively reach its new 11,000 MW by 2040 offshore wind goal through future procurements. !w~af 4RfWOuw$cxb3_(-hNMLTfJA8aNmP_6a=-pp2t JmzD{g No other state has yet taken advantage of the ability to work with PJM to implement public policy needs through the SAA. PJMs RTEP rules contain substantial protections for ratepayers and as with SAA 1.0, the Board reserves the right to select any or no projects in the SAA 2.0 process. yIjIX\#%"?x"WwcD/P|TE]g lCTCtCu & under PJM's State Agreement Approach (SAA) for the New Jersey Board of Public Utilities (Board or BPU). The highway is structured to ensure that customers receive reliable electricity supply, even under certain contingencies. QO20100630 Parties of Record: Brian O. Lipman, Esq., Director, New Jersey Division of Rate Counsel Suzanne Glatz, PJM Interconnection LLC Stephen Tutor, Jersey Central Power & Light Company Michael Donnelly, Atlantic City . endobj In addition, the Board awarded several other onshore grid upgrade projects to enable the capacity injection afforded by the Larrabee Tri-Collector Solution to Atlantic City Electric, BGE, LS Power, PECO, PPL, PSE&G, and Transource. 532 0 obj <>stream This Agreement sets out the terms and conditions that govern the Partners within the Partnership. Additionally, the competitive solicitation process contains extensive consumer protections, including the ability to control cost and timing implications by incorporating transmission upgrades in a phased manner. PDF State of New Jersey New Jerseys 2021 Offshore Wind Transmission Competitive Solicitation under PJM State Agreement Approach, 2021 State Agreement Approach Process Guidance Document, Investigation of Resource Adequacy Alternatives. <>/XObject<>>>/Group <>>> 3 0 obj In 2020, the Board formally requested the inclusion of New Jerseys then offshore wind public policy goal of 7.5 GW by 2035 into PJMs transmission planning process, which resulted in a competitive solicitation for a variety of transmission projects. "9'22MG6"Rs&>vrB~\ix Board of Public Utilities | Newsroom & Public Notices New Jersey is the first state to pursue independent transmission development for offshore wind, while other states (such as Texas and California) have pursued coordinated transmission for other types of preferred generation resources. Reduce the cost of transmission needed to achieve 7,500 MW of OSW generation by 2035 by over $900 million; Significantly reduce schedule and cost uncertainties; Utilize the existing grid more efficiently; Allow for a significant reduction of transmission-related environmental and community impacts; Maximize the availability of approximately $2.2 billion in federal tax credits; and. New Jersey Board of Public Utilities Launches State Agreement Approach 2.0. State Agreement Approach and New Jersey Offshore Wind - PJM The fourth component (Option 3) requests developers to submit proposals for possible interconnections between offshore substations, referred to as an offshore transmission backbone. Option 3 proposals allow developers to demonstrate the benefits of a networked grid that may connect various lease areas or other offshore transmission infrastructure. The exploration of coordinated transmission alternatives through SAA 2.0 will have no impact on the offshore wind projects that have already been awarded, or that will be awarded up to a total of 7.5 GW. On September 24, 2021 Staff released the 2021 State Agreement Approach Process Guidance Document to provide more detail on next steps of the evaluation process and timeline. To find out more about NJBPU, visit our website atwww.nj.gov/bpu. xTMk@(zZ!v!YiMhgowoCWqsBppCU3XQja(ZBXs\Y}#@Wi^aF,CPF21)W: AGiIRM6{CBdL %PDF-1.5 % 1 0 obj Our actions today reflect New Jerseys leadership in innovative clean energy development, as well as our commitment to expanding renewable energy quickly and responsibly to combat climate change, said NJBPU President Joseph L. Fiordaliso. vf?kH:U~ux|-MF~o rR6zM;K>eDJ[|m d>=U{zUu|Wv.+;B*nqHwi#z);RA~QV T Learn more about the publications, events, and recent news that our experts are involved in. hbbd```b``n3d":XV aGdM)|A$UY 498 0 obj <> endobj The program is authorized and overseen by the New Jersey Board of Public Utilities (NJBPU), and its website is www.NJCleanEnergy.com. New Jersey Agreement on Offshore Wind Transmission Solicitation On November 18, 2020, the NJ Board of Public Utilities (NJBPU) issued an order formally requesting that PJM open a competitive proposal window to solicit project proposals to identify a transmission project that addresses NJ's public policy goals for 7,500 MWs for offshore wind (OSW) 2 0 obj The Federal Energy Regulatory Commission (FERC), on April 14, 2022, accepted a "State Agreement Approach" Agreement (SAA Agreement) between PJM Interconnection, LLC (PJM) and the New Jersey Board of Public Utilities (NJ Board) effective April 15, 2022. New Jersey is the first state to utilize the SAA. This will be the States second use of the SAA to optimize the delivery of offshore wind generation into the States transmission system. The 2021 New Jersey SAA process will be a first-of-its-kind competitive transmission solicitation process, underscoring New Jerseys commitment to the development of offshore wind generation. It is anticipated that choosing a transmission project or projects through SAA 2.0 will result in lower costs for ratepayers than if NJBPU had not employed the SAA process, while also reducing environmental and community impacts and maintaining safe and reliable electric service. POV pieces are the opinion of the author and do not necessarily reflect an official position of FRI or the University of Missouri. 1 0 obj 3 0 obj endobj Through the solicitation process, NJBPU will examine details on a wide array of ready-to-build transmission options, including key factors such as cost, siting, environmental impacts, and the timeframe for construction. jHAUq ou=? |>v{MBnGjT}{~ydJ5Tz+8/PlOB1#S!xK@o*}Du^ulkkYiV3VZH5 aPmx)Bj&YCVn#G![4m0s Written by Joseph Fiordaliso, President of the New Jersey Board of Public Utilities. Virtual Power Plants (VPPs) Could Save US Utilities $15-$35 Billion in Capacity Investment Over 10 Years, HIPI Pharma Tech Wins Antitrust Appeal in Chinas Supreme Peoples Court, Supported by Brattle Experts Analysis and Expert Testimony, The Brattle Group Expands in Europe with Paris Office, Our website stores cookies on your computer. endobj yQ-!Qkb{_?iw3cy8 Pursuing the SAA is not an easy commitment; each state will decide for itself whether its own clean energy or public policy goals suggest substantial benefits from regional transmission coordination. 3"L(H-)Hd7i-+?@#`KtSl]n_sg>CL=kY53gL6uJy]:ib)]4jdaA~^W3 28{2uut%X#BC&]Q({+tQdQ GeGWat!HGF The SAA is a tool offered by PJM for its member states to request transmission development needs, based on policy requirements, that PJM will incorporate in the RTEP process. In pursuit of this goal, in November 2020NJBPU askedPJM Interconnection (PJM) to incorporate New Jerseys offshore wind goals into the regional transmission planning process, becoming the first state to use a novel regulatory pathway known as the State Agreement Approach (SAA). The Partners wish to associate themselves as partners in business. <>/Metadata 505 0 R/Names 506 0 R>> ! endstream endobj 46 0 obj <>stream The agreement has to be as extensive as possible to limit disagreements and confusion in the future. In furtherance of these objectives, set out by Governor Phil Murphys goal of 7,500 megawatts of offshore wind energy by 2035, and by the Legislature, the Boardformally requested the inclusion of this state public policy into the transmission planning process of PJM Interconnection, LLC (PJM) through a competitive solicitation process in what is known as the State Agreement Approach. Transmission developers will bid unique, competitive, ready-to-build designs seeking to integrate New Jerseys offshore wind resources. PDF STATE OF NEW JERSEY Board of Public Utilities Daily news and in-depth stories in your inbox, Clarksons Offshore Renewables team is a leader in offshore vessel chartering, newbuilding, offshore logistics and strategic marine advisory services. 42 0 obj <> endobj {p|kspp(owf}0`HF!^=;SoMM-3|gy\9t9cw-YvTWNxJ4j6zc|o%kd@xi {*4AR^aBTZ\4ocvi+Y*dnU5h The process will also allow NJBPU to determine how a coordinated approach can lead to more cost-effective, efficient transmission solutions that minimize the environmental impacts of bringing wind energy ashore. However, transmission developers will be allowed to propose particularly cost-effective alternative points of interconnection that may still meet the States immediate policy goals. The 1,200 MW solicitation, which was previously anticipated to be launched in September 2022, is now planned to close by the end of 2023. The technical storage or access that is used exclusively for anonymous statistical purposes. State Agreement Approach - PJM Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications and cable television. QO20100630 July 22, 2022 Prepared for Mid-Atlantic Offshore Development, LLC On behalf of The New Jersey Board of Public Utilities Responses are due by 5:00 pm EST on July 29, 2022. <>stream This first-of-its-kind agreement with New Jersey Board of Public Utilities on behalf of New Jersey provides a unique pathway to help states reach their energy policy goals while maintaining the focus on reliability and affordability, said Suzanne Glatz, Director Strategic Initiatives and Interregional Planning. To find out more about NJBPU, visit our website at www.nj.gov/bpu. <> The State has also taken important steps to ensure the wind electricity generated can reach New Jersey consumers in the most cost-effective, efficient, and environmentally sensitive manner. PJM performs the RTEP to identify system upgrades and improvements needed to maintain reliable, economic, and secure operations. Direct questions to Ryann Reagan and Joseph DeLosa on the NJBPU staff. x}xG0 bFa" D0@$H Is it likely other states will use the State Agreement Approach to assist in offshore wind build out? Opening the proposal window to all qualified PJM developers will allow for a diversity of approaches and expertise that will identify an optimal grid with high benefits and low environmental impact.
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