Bill Text: NJ S3064 | 2016-2017 | Regular Session | Amended
Bill Title: Requires BPU and electric public utilities to conduct energy storage analysis.*
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2017-05-01 - Referred to Senate Budget and Appropriations Committee [S3064 Detail]
Download: New_Jersey-2016-S3064-Amended.html
Sponsored by:
Senator BOB SMITH
District 17 (Middlesex and Somerset)
Senator SAMUEL D. THOMPSON
District 12 (Burlington, Middlesex, Monmouth and Ocean)
Co-Sponsored by:
Senators Bateman and Greenstein
SYNOPSIS
Requires BPU and electric public utilities to conduct energy storage analysis.
CURRENT VERSION OF TEXT
As reported by the Senate Environment and Energy Committee on May 1, 2017, with amendments.
An Act requiring the Board of Public Utilities 1and electric public utilities1 to conduct an energy storage analysis.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. Within one year after the effective date of this act, the Board of Public Utilities 1, together with the State's electric public utilities, and in consultation with PJM Interconnection, L.L.C., the independent system operator,1 shall conduct an energy storage analysis and submit a written report to the Governor and, pursuant to section 2 of P.L.1991, c.164 (C.52:14-19.1), to the Legislature concerning energy storage needs and opportunities in the State. In conducting this analysis, the board 1and the electric public utilities1 shall:
(1) consider how implementation of renewable electric energy storage systems may benefit ratepayers by providing emergency back-up power for essential services, offsetting peak loads, and stabilizing the electric distribution system;
(2) consider whether implementation of renewable electric energy storage systems would promote the use of electric vehicles in the State and the potential impact on renewable energy production in the State;
(3) study the types of energy storage technologies currently being implemented in the State;
(4) consider the benefits and costs to ratepayers, local governments, and electric public utilities associated with the development and implementation of additional energy storage technologies;
(5) determine the optimal amount of energy storage to be added in the State over the next five years in order to provide the maximum benefit to ratepayers;
1(6) determine the optimum points of entry into the electric distribution system for distributed energy resources;1 and
1[(6)] (7)1 calculate the cost to the State's ratepayers of adding the optimal amount of energy storage.
In conducting the analysis required by this subsection, the board 1and the electric public utilities1 shall also consider the need for integration of distributed energy resources into the electric distribution system and how distributed energy resources may be incorporated into the electric distribution system in the most efficient and cost-effective manner.
b. In conducting the energy storage analysis required by this section, the board 1and the electric public utilities1 shall consult with the Laboratory for Energy Smart Systems in the Center for Advanced Infrastructure and Transportation at Rutgers, The State University, and public and private entities in 1the State and in1 other states that have conducted studies concerning, or are implementing technologies for, energy storage and distributed energy resources.
c. The 1[board's]1 written report shall: (1) summarize the analysis conducted pursuant to subsection a. of this section; (2) discuss and quantify the potential benefits and costs associated with increasing opportunities for energy storage and distributed energy resources in the State; and (3) recommend ways to increase opportunities for energy storage and distributed energy resources opportunities in the State, including any recommendations for financial incentives to aid in the development and implementation of these technologies by public and private entities in the State.
2. This act shall take effect immediately.
