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Committee backs bill to procure transmission‑scale energy storage while debate grows over SBC funding and distributed storage priorities
Summary
Assembly Bill 5,269 to procure and incentivize transmission‑scale energy storage was reported after testimony split between advocates for rapid procurement and groups raising concerns about using the Societal Benefit Charge (SBC) to provide at least $60 million per year.
The Assembly Appropriations Committee reported Assembly Bill 5,269, which would require the Board of Public Utilities to procure and incentivize transmission‑scale energy storage intended to support renewables and resource adequacy. Supporters said the measure would speed construction of large storage projects and aid grid reliability; opponents raised concerns about funding sources and impacts on ratepayers.
Lyle Rawlings of the Mid‑Atlantic Solar & Storage Industries…
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