New Jersey’s Integrated Energy Plan, commissioned by the state’s Board of Public Utilities and based on analysis by the Rocky Mountain Institute, finds that existing New Jersey policies will not be sufficient to meet the state’s clean energy goals. Modeling of the least-cost pathways to meet these goals finds that PJM-to-New Jersey transmission will need to be increased from 7 to 9 gigawatts in order to achieve the state’s 100 percent carbon-neutral by 2050 target. This enhanced transmission capacity, which will cost roughly under $20 billion between 2030 and 2050, will allow New Jersey to cost-effectively import electricity from new out-of-state wind and solar plants. New Jersey Integrated Energy Plan Share this TweetShare on Twitter Share on LinkedInShare on LinkedIn Share on FacebookShare on Facebook Related PostsThe Latest Market Data Show that the Potential Savings of New Electric Transmission was Higher Last Year than at Any Point in the Last DecadeMarch 21, 2023ACORE’s 2023 Priorities for Transmission Permitting and Siting LegislationFebruary 6, 2023A Roadmap to Diversify the U.S. Renewable Energy and Battery Storage Supply ChainsDecember 15, 2022House Letter to Biden on Commerce InquiryMay 18, 2022Commerce 2012 Scope ClarificationMay 10, 2022Auxin February 8 2022 PetitionMay 10, 2022
The Latest Market Data Show that the Potential Savings of New Electric Transmission was Higher Last Year than at Any Point in the Last DecadeMarch 21, 2023
