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Energy Storage News22 days ago

US Governors in PJM territory move to unlock renewable energy, energy storage investment

Key Takeaway

Governors in Maryland and New Jersey are actively creating a more favorable policy environment for clean energy development in PJM, signaling new opportunities for developers and potential benefits for large power consumers.

AI Summary

  • Governors of Maryland and New Jersey have enacted legislation to accelerate the deployment of clean energy technologies.
  • The policy changes are a direct response to current energy cost and supply concerns within the PJM territory.
  • For developers, this signals new market opportunities and potentially streamlined processes for solar, wind, and energy storage projects in MD and NJ.
  • Large power consumers in these states can anticipate increased clean energy availability and potentially more stable energy pricing due to accelerated deployment.

Topics

pjmpolicysolarstoragewind