New Jersey Board of Public Utilities Launches State Agreement Approach 2.0. There are specific rules governing the preparation and development of the RTEP, regulated by FERC. endstream endobj startxref A non-compete agreement in the State of New Jersey is a type of employment contract relying on restrictive covenants. The close of the application window starts a multi-month evaluation process in which NJBPU and PJM will review all proposals and determine which, if any, are best suited for New Jerseys needs and represent the best value for New Jersey consumers. 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. endobj Once bids are received, the NJBPU, working with PJM, will evaluate the project proposals to determine which, if any, combination can meet New Jerseys offshore wind policy goals. hbbd```b``n3d":XV aGdM)|A$UY The SAA is a never-before utilized tool in PJMs rules, designed to allow the transmission development necessary to satisfy the diverse policy goals that exist among PJM states. 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. uY [ ;dU# ! Simply put, transmission is the delivery of electricity from the generation station to the local distribution system; it is the highway for electricity. <>stream , New Jersey State Agreement Approach Agreement, Docket No. What does the SAA guarantee for the state and what has New Jersey committed to thus far in the process? Bidders proposed transmission projects to support New Jerseys offshore wind industry through thePJM competitive planning process website,which also lists the solicitation documents. The agreement has to be as extensive as possible to limit disagreements and confusion in the future. 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. %%EOF Learn more about the publications, events, and recent news that our experts are involved in. Within major power grids such as the Mid-Atlantic, the regional transmission operator, PJM, oversees regional transmission planning and grid expansion, to ensure ongoing reliable service. The Board initiated the SAA to identify necessary transmission solutions to support New Jersey's goal of 7,500 MW of OSW generation capacity by 2035. At Brattle, our teams of experts answer complex economic, regulatory, and financial questions for corporations, law firms, and governments around the world. What exactly is it? Transmission developers will bid unique, competitive, ready-to-build designs seeking to integrate New Jerseys offshore wind resources. 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. 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. Virtual Power Plants (VPPs) Could Save US Utilities $15-$35 Billion in Capacity Investment Over 10 Years, HIPI Pharma Tech Wins Antitrust Appeal in Chinas Supreme Peoples Court, Supported by Brattle Experts Analysis and Expert Testimony, The Brattle Group Expands in Europe with Paris Office, Our website stores cookies on your computer. New Jerseys 2021 Offshore Wind Transmission Competitive Solicitation under PJM State Agreement Approach, 2021 State Agreement Approach Process Guidance Document, Investigation of Resource Adequacy Alternatives. endstream endobj 46 0 obj <>stream New Jersey moves forward on first ever State Agreement Approach with PJM. The SAA solicitation identifies four interrelated components of an open access offshore wind transmission facility that may be part of an optimal solution. New Jersey State Agreement Approach Docket No. Upon receipt of the proposals, NJBPU Staff may decide to terminate the SAA process, if it is in the best interest of the State. These projects are not likely to be pursued if they do not result in development of a lower cost, lower risk, or higher benefit option for the interconnection and delivery of New Jerseys offshore wind. %%EOF 2 0 obj More information about New Jerseys offshore wind program can be found at https://www.njcleanenergy.com/renewable-energy/programs/nj-offshore-wind. Were always seeking bright, collaborative professionals to join our team. In November of 2020, NJBPU directed Staff to collaborate with PJM to solicit options under PJMs SAA. :oO& %WT$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$z14T-LjMDHEw1AibDX*BqV< v'I7 S)j y/=y=+7mSsnN|)5h8 :" =s(]Mz:t>OV>#~ism]Ki!oRi+u~=N}Sd|P(w9d1_pwJP V[#6)!\sAtMSsoWO1Gr~N18J .S@]-'C}o. endstream endobj 43 0 obj <>/Pages 41 0 R/Type/Catalog/ViewerPreferences 54 0 R>> endobj 44 0 obj <>/MediaBox[0 0 612 792]/Parent 41 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageC]/XObject<>>>/Rotate 0/Tabs/S/Type/Page>> endobj 45 0 obj <>stream In collaboration with BPU and PJM, a team of Brattle consultants, along with Herling Power Grid Consulting, Holland & Knight, and Dewberry Engineers, led the evaluation of the transmission proposals received by PJM in this SAA solicitation, which was initiated to identify necessary transmission solutions to support New Jerseys goal of 7,500 MW of OSW generation capacity by 2035. The exploration of coordinated transmission alternatives through SAA 2.0 will have no impact on the offshore wind projects that have already been awarded, or that will be awarded up to a total of 7.5 GW. endobj It is anticipated that choosing a transmission project or projects through SAA 2.0 will result in lower costs for ratepayers than if NJBPU had not employed the SAA process, while also reducing environmental and community impacts and maintaining safe and reliable electric service. As we look to achieve Governor Murphys new, increased goal of 11 GW of offshore wind capacity by 2040, we must create additional pathways for wind energy to be brought on shore and into the PJM grid., New Jersey has been a pioneer in developing infrastructure needed to achieve its ambitious offshore wind policies, said Manu Asthana, PJM President and CEO. ("PJM"), to solicit electric transmission . hbbd```b``"6d ,"@i/Z"DXOL@v("30. xVn7z>vl83$|Lp)ATUdWQj4WJ-s+#,Y9g1WWOGZf{w.9hc$Q %PDF-1.6 % To implement Governor Phil Murphy's vision of making New Jersey a leading hub of offshore wind development and to meet the State's aggressive clean energy goals, the Board of Public Utilities ("BPU" or "Board") announced in November 20201 that it would work with PJM Interconnection, L.L.C. The solicitation closed on September 17, 2021. At this point in the process, there are no financial or ratepayer obligations. 6 0 obj xTMk@(zZ!v!YiMhgowoCWqsBppCU3XQja(ZBXs\Y}#@Wi^aF,CPF21)W: AGiIRM6{CBdL fm@"x;JEmMv9wH,FI*3))Vh|$qHtL 0 J $g|hvyKT+)jP 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. Staff has also been directed to accelerate engagement with other states, regional grid operators, federal regulators, and other interested stakeholders about a regional offshore wind transmission solution. The Federal Energy Regulatory Commission (FERC) has approved a State Agreement Approach (SAA) to implement New Jerseys offshore wind transmission grid solicitation, executed by the New Jersey Board of Public Utilities and PJM Interconnection. The State Agreement Approach was incorporated into PJM's Operating Agreement eight years ago as part of the implementation of FERC Order 1000, but this is the first time a jurisdiction in the PJM footprint has requested to use it to further its renewable energy goals, according to the federal agency. The New Jersey Board of Public Utilities (NJBPU) took a monumental step on November 18, 2020, becoming the first state to integrate its offshore wind transmission objectives with the regional grid's planning and development process. This Agreement sets out the terms and conditions that govern the Partners within the Partnership. The full Brattle report, New Jersey State Agreement Approach for Offshore Wind Transmission: Evaluation Report, can be found below. MAOD is a joint venture of EDF Renewables-North America and Shell New Energies U.S. The New Jersey Board of Public Utilities (NJBPU) took a monumental step on November 18, 2020, becoming the first state to integrate its offshore wind transmission objectives with the regional grids planning and development process. In this case, we are pleased to be able to help New Jersey advance its offshore wind objectives.. By making this formal request, NJBPU can utilize the State Agreement Approach to explore options for an optimal long-term solution for offshore wind transmission that otherwise may not have been available at this stage of development. Intellectual curiosity, a passion for principles, a strong team orientation, and respect for clients and colleagues are part of the Brattle DNA. 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. endobj A New Jersey partnership agreement is a legally binding document that lays out distinguished roles, responsibilities, and liabilities for each partner involved. Todays action is extremely important for the future of our offshore wind program, said NJBPU President Joseph L. Fiordaliso. Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications and cable television. Q@l9hF8b/69/^g^l;w "9'22MG6"Rs&>vrB~\ix By this Agreement the Partners enter into a general partnership (the "Partnership") in accordance with the laws of the State of New Jersey. As part of todays action, the Board directed Staff to prepare an SAA 2.0 Solicitation Guidance Document (SAA 2.0 SGD) that will include details regarding the solicitation components and the proposal evaluation process, and to issue a draft SAA 2.0 SGD for public comment in order to inform the development of the final SAA 2.0 solicitation. Brattle consultants are sought-after speakers, presenters, and authors. %PDF-1.6 % 3 0 obj 65 0 obj <>stream gfN1I7r2p;Q+bP#>QcTA y3DM?bc :v}6%{!RE ncD1"LqL*eHk3BuHA- b%j3S`.d$w*)D^IU%Xpd#r#60)gbMC}*i~ VMj>8f axj) V#DZ"#DP(/QER "QMqu, Jr:0r TaB8:U8wlv}6\ %)2"3q34!c9hm QLcn|L)%Oq/" mpK`Ltk OI}|Qq )ixi9A' 5vN>e"SfwJSrTdX. endobj 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. Those projects will interconnect as directed in the applicable Board Orders approving qualified offshore wind projects. stream NJBPU Staff continues to work with PJM to develop adequate ratepayer protections should any transmission project eventually be selected through the SAA. SAA 2.0 will be used for new, approved projects up to the Governors new goal of 11 GW. 2 0 obj Staff and PJM conducted an analysis, prior to releasing the solicitation, which identified four default injection locations, on the onshore grid, for the interconnection of potential solutions. 2023 Curators of the University of Missouri. Privacy policy, equal opportunity/access/affirmative action/pro-disabled and veteran employer. HWn8yUEmZ}(]rerfd[M To position the state to reach Governor Phil Murphys ambitious goal of 7,500 megawatts of offshore wind energy by 2035, the NJBPU has formally requested inclusion of its offshore wind public policy into the regional transmission expansion analysis. ! 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. New Jersey has been considering developing a coordinated transmission solution for offshore wind since 2019. !w~af 4RfWOuw$cxb3_(-hNMLTfJA8aNmP_6a=-pp2t JmzD{g 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. The NJ Board of Public Utilities has a seat on the FRI Advisory Board. vf?kH:U~ux|-MF~o rR6zM;K>eDJ[|m d>=U{zUu|Wv.+;B*nqHwi#z);RA~QV T The RTEP also includes a robust competitive procurement structure used by PJM to procure the most efficient or cost-effective regional transmission project to solve a system need. 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). 3 0 obj 1000, issued in 2011, which also initiated PJMs competitive procurement of transmission solutions. 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.. These high-voltage transmission lines ensure reliability and deliver electricity to potentially distant generation supply throughout the entire grid. <>/XObject<>>>/Group <>>> 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. New Jersey is the first state to utilize the SAA. About the New Jersey Board of Public Utilities (NJBPU). endstream endobj startxref State Agreement Approach Joe DeLosaBoard of Public Utilities StaffDecember 1, 2020 November 18, 2020 Board Order New Jersey has a goal of 7,500 MW of offshore wind before 2035 Executive Order 92 Legislation found potential benefits of shared approach to transmission & authorizes "transmission first approach: <> 42 0 obj <> endobj The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. 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. '{Pri(_;iHuT'Rk}:1L}(W#l' ehkl =ko5X06:@VA5X=X2o+Pc p*>~Hh. DMCA and other copyright information. xj0 ~si,Y-#^^8b;sTFa/dIH BRB#/+lpXmma$7B'x?)UakJ~!5jCEjxs'I&o-vrT;k abj.[$^$a,$A The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate and proper utility services at reasonable rates for New Jersey customers. 498 0 obj <> endobj <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 959.76 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> 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 . 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. 1000. We aim for the highest levels of client service and quality in our industry. <>/Pattern<>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]>>/MediaBox[0 0 960 540]/Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> About the New Jersey Board of Public Utilities (NJBPU). ha/Ho PJM plans to make a recommendation to the NJBPU by the end of Summer, and New Jersey expects to make a decision about which if any projects will be selected by the end of the year. The solicitation window is anticipated to close in mid-September, 2021. It customarily declares dissolution, dispute resolution, duration, ownership interests, and liabilities. NJCEP, established on January 22, 2003, in accordance with the Electric Discount and Energy Competition Act (EDECA), provides financial and other incentives to the State's residential customers, businesses and schools that install high-efficiency or renewable energy technologies, thereby reducing energy usage, lowering customers' energy bills an. 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. The solicitation closed on September 17, 2021. 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. 52 0 obj <>/Filter/FlateDecode/ID[<5A91969317EA8244BD360CAEEEF16FB0><4F76A5CFBE053F4899B3D2CED31C2AC9>]/Index[42 24]/Length 72/Prev 204380/Root 43 0 R/Size 66/Type/XRef/W[1 3 1]>>stream This competitive solicitation process is known as the State Agreement Approach (SAA). Combining state-of-the-art analytical techniques and practical industry experience, Brattle answers economic, financial, and regulatory questions across a wide range of practice areas and sectors. Allow the state to more cost-effectively reach its new 11,000 MW by 2040 offshore wind goal through future procurements. 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. 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. Updated February 11, 2022. 0 Other states in the Mid-Atlantic may not have sufficiently large offshore wind goals to achieve benefits of scale associated with a coordinated approach to transmission. The technical storage or access that is used exclusively for anonymous statistical purposes. Supporting all vessel types and all offshore energy sources, were your go-to partner for all stages and sizes of offshore renewables projects. NJBPU is requesting that PJM integrate the States offshore wind transmission policy goals into the grid operators transmission planning process through the State Agreement Approach established by the Federal Energy Regulatory Commissions (FERC) Order No. hUmk0+qcK6@'` X7Rk-d7Gtzyl c@*M{1 X.R`!@h@NJ89a;GjHI x]lQ-nwYn@`f[pEm9^ifl=l6cw4l&|QYoVH7Azit={XI\E&A\=t/o|4+r9IFB) \ $+>n]]U] "&(/}'IW;&7Sv6WPInxr" *U.|wZ%]"Gj#}DYu+j=/a$1+|gyo'?-YQhUQOW|aG~YRy9[6Ws3HF}ZipqY]:E~Er,|:tfD;HCH_~QErpcBI#6#$m-Lm6BIGKeF8ZB#egfQifMLfzNE|n'*(yo:2n?hrfmm2^f)'X{tz. zy::I3u7?vBKpg:tihxLt;i] O t;!cq
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