This approach will not only enhance the states offshore wind program, but increasing competition in this way drives down costs, provides savings for consumers, reduces risk, spurs innovation, and significantly reduces the environmental footprint of new transmission lines. 520 0 obj <>/Filter/FlateDecode/ID[<7B505B20398A2447A9ADE14DE4F61513>]/Index[498 35]/Info 497 0 R/Length 109/Prev 303901/Root 499 0 R/Size 533/Type/XRef/W[1 3 1]>>stream New Jersey State Agreement Approach Docket No. QO20100630 July 22, 2022 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) \ MU is an equal opportunity/access/affirmative action/pro-disabled and veteran employer and does not discriminate on the basis of sex in our education programs or activities, pursuant to Title IX and 34 CFR Part 106. 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. NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate and proper utility services at reasonable rates for New Jersey customers. %%EOF :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 A non-compete agreement in the State of New Jersey is a type of employment contract relying on restrictive covenants. 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. ("PJM"), to solicit electric transmission . It is expected that SAA 2.0 will solicit proposals to inject the additional 3.5 GW needed to reach the States new 11 GW goal at the Deans 500 kV substation. This agreement will advance New Jersey's offshore wind generation procurement goals by . 0 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. This Agreement sets out the terms and conditions that govern the Partners within the Partnership. 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. "9'22MG6"Rs&>vrB~\ix 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. jHAUq ou=? |>v{MBnGjT}{~ydJ5Tz+8/PlOB1#S!xK@o*}Du^ulkkYiV3VZH5 aPmx)Bj&YCVn#G![4m0s 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 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. % The technical storage or access that is used exclusively for anonymous statistical purposes. NJBPU intends to work with PJM to open the solicitation in 2021 and evaluate competitive project proposals in concert with the grid operator, including any cost considerations. Supporting all vessel types and all offshore energy sources, were your go-to partner for all stages and sizes of offshore renewables projects. 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. Transmission developers will bid unique, competitive, ready-to-build designs seeking to integrate New Jerseys offshore wind resources. 2023 Curators of the University of Missouri. 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. 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. To find out more about NJBPU, visit our website at www.nj.gov/bpu. )w+q}6jU:FhqqE!TLz|eL#UWFsEVabsV:+llimr5-,=QTf5:?R;Eqi.RiJ]br.}S -"+^MzS 3MD!r5&aZT'J7N5.m/}y"! W+B0! We aim for the highest levels of client service and quality in our industry. On April 15, 2021, PJM opened the SAA solicitation window for developers to submit potential transmission solutions to the NJBPUs request to deliver offshore wind energy to the states electricity grid. However, transmission developers will be allowed to propose particularly cost-effective alternative points of interconnection that may still meet the States immediate policy goals. Todays action is extremely important for the future of our offshore wind program, said NJBPU President Joseph L. Fiordaliso. 3 0 obj New Jersey is the first state to utilize the SAA. Written by Joseph Fiordaliso, President of the New Jersey Board of Public Utilities. 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. 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. 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. $$E{@oIffgq%u YUEo\&OO>U^wd]._RqGvmh^e=/%LfUx-xwZS UyU^UF|z^a)dz>W8h_|iG'gI. No other state has yet taken advantage of the ability to work with PJM to implement public policy needs through the SAA. hbbd```b``n3d":XV aGdM)|A$UY !w~af 4RfWOuw$cxb3_(-hNMLTfJA8aNmP_6a=-pp2t JmzD{g yIjIX\#%"?x"WwcD/P|TE]g lCTCtCu & The full Brattle report, New Jersey State Agreement Approach for Offshore Wind Transmission: Evaluation Report, can be found below. {p|kspp(owf}0`HF!^=;SoMM-3|gy\9t9cw-YvTWNxJ4j6zc|o%kd@xi {*4AR^aBTZ\4ocvi+Y*dnU5h 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. 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. 65 0 obj <>stream 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. FirstEnergy subsidiary JCP&L and Shell-EDF tapped for New Jersey's Were always seeking bright, collaborative professionals to join our team. More information about New Jerseys offshore wind program can be found at https://www.njcleanenergy.com/renewable-energy/programs/nj-offshore-wind. f^-e*AxV-1c8z sz#9`3CVsM)-R1o/7sh{R68R%DH7BQh U: 72oS3/rsNs. <>stream 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. Learn more about the publications, events, and recent news that our experts are involved in. PDF STATE OF NEW JERSEY Board of Public Utilities 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. The Board has general oversight and responsibility for monitoring utility service, responding to consumer complaints, and investigating utility accidents. Critical services regulated by NJBPU include natural gas, electricity, water, wastewater, telecommunications and cable television. The solicitation closed on September 17, 2021. 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. endobj The Partners wish to associate themselves as partners in business. NJBPU will immediately work with PJM to begin the SAA 2.0 process. At thedirection of the New Jersey LegislatureandGovernor Murphys Energy Master Plan, NJBPU is working to expand the states electrical transmission system to accommodate the buildout of 7,500 MW of offshore wind by 2035. The State Agreement Approach was incorporated into PJMs 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. uY [ ;dU# ! Ideally, PJMs transmission planning process will continue to evolve to proactively plan a regionally optimal grid of the future. The solicitation closed on September 17, 2021. 0 '{Pri(_;iHuT'Rk}:1L}(W#l' ehkl =ko5X06:@VA5X=X2o+Pc p*>~Hh. New Jersey Agreement on Offshore Wind Transmission Solicitation The solicitation window is anticipated to close in mid-September, 2021. NJBPU is a state agency and regulatory authority mandated to ensure safe, adequate and proper utility services at reasonable rates for New Jersey customers. 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. 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. endstream endobj 47 0 obj <>stream 6 0 obj These high-voltage transmission lines ensure reliability and deliver electricity to potentially distant generation supply throughout the entire grid. NJBPU Staff continues to work with PJM to develop adequate ratepayer protections should any transmission project eventually be selected through the SAA. 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) HWn8yUEmZ}(]rerfd[M Todays action authorizes PJM to solicit potential offshore wind transmission solutions from qualified developers on behalf of NJBPU, making New Jersey the first state to engage in a competitive solicitation process managed by PJM for such critical planning. endstream endobj 46 0 obj <>stream 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. <>stream About New Jerseys Clean Energy Program (NJCEP). As such, in the February 16 order, FERC acknowledged that the selection of any project, developer or cost allocation method may be the subject of subsequent filings by PJM 4 0 obj QR7An{0 H 1 0 obj PJM and NJBPU already organised an application period for New Jersey offshore wind transmission solutions last year and received 80 proposals from utilities and developers. FERC Accepts Study Agreement to Assess New Jersey Offshore Wind By this Agreement the Partners enter into a general partnership (the "Partnership") in accordance with the laws of the State of New Jersey. At this point in the process, there are no financial or ratepayer obligations. ha/Ho 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. New Jersey and the State Agreement Approach - PJM The highway is structured to ensure that customers receive reliable electricity supply, even under certain contingencies. y/=y=+7mSsnN|)5h8 :" =s(]Mz:t>OV>#~ism]Ki!oRi+u~=N}Sd|P(w9d1_pwJP V[#6)!\sAtMSsoWO1Gr~N18J .S@]-'C}o. It customarily declares dissolution, dispute resolution, duration, ownership interests, and liabilities. :G- H%[;`X,`X,`X,`XS[Cv?t? %PDF-1.6 % endstream endobj startxref <>/XObject<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 959.76 540] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> About the New Jersey Board of Public Utilities (NJBPU). This competitive solicitation process is known as the State Agreement Approach (SAA).