What Does New Jersey's EV Plan Mean For Load Management
- Jan 29, 2021 3:41 pm GMT
Yesterday, The New Jersey Board of Public Utilities (BPU) gave the green light to the Public Service Electric and Gas (PSE&G) $166 million electric vehicle project. Along with 40,000 residential chargers, 3,500 commercial chargers, and 1,000 Direct Current Fast Chargers (DCFC), the utility will upgrade its distribution system to accommodate the new chargers. PSE&G will not actually install the chargers itself or own them. Notably, and to the chagrin of most EV advocates in the state, medium and heavy duty vehicles are not included in this plan.
Despite the omission of larger vehicles, this still represents a significant development for New Jersey’s energy landscape. Rest assured the new infrastructure will push some consumers to opt for electric cars. Even if it’s as small as a 5 percent market share increase, the change will noticiply impact power needs. This begs the question: How will New Jersey meet the new demand.
The state’s $700 million smart meter plan is a good start. Data will allow PSE&G to better understand demand patterns and react to them. On a similar note, it will make energy efficiency programs and demand response initiatives much simpler. However, if demand goes high enough, all the data and EE won’t save you. New Jersey would need more generation, plain and simple.
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