With electricity costs climbing, Atlantic City Electric is pointing to a storage project in South Jersey as a possible way to ease pressure on household bills.
The proposal centers on a large battery installation in Salem County that would hold electricity for later use and release it when the grid is busiest and power prices rise.
What happened?
According to Shore Local News, the utility has asked the New Jersey Board of Public Utilities to approve up to 500 megawatts of battery storage on land it owns in Salem County. Atlantic City Electric said that amount of capacity could serve about 400,000 homes.
If regulators approve the plan, Invenergy would help develop the project, which is aimed for completion in late 2030. The facility would not produce electricity itself; instead, it would store energy and feed it back to the grid during high-demand periods, when wholesale power tends to cost the most, and the system faces the most strain…