Morten Lund Comments on New Jersey Utility-Owned Storage Proposal
Foley & Lardner LLP of counsel Morten Lund is quoted in the Utility Dive article, “Utility-owned storage becomes point of contention in New Jersey incentive program proposal,” commenting on the New Jersey Board of Public Utilities’ proposal for a state energy storage incentive program.
“This is the first significant state-level storage program that I’m aware of in New Jersey,” Lund said, although he added that New Jersey is in the PJM Interconnection, which has been a leader in distributed storage thanks to its open capacity market.
“There’s always contention, whether it’s storage or solar,” Lund said of the pushback from some stakeholders on the question of utility ownership of storage resources, “to what extent utilities should be operating them and to what extent they should be owning them, and whether those two should belong together.”