This bill mandates the New Jersey Board of Public Utilities (BPU) to conduct a comprehensive study on the potential deployment of advanced transmission technologies (ATT) by electric public utilities. The study aims to evaluate the attributes, functions, costs, and benefits of ATT, which includes technologies designed to enhance the capacity, efficiency, reliability, or safety of electric transmission facilities. The BPU is tasked with assessing how these technologies can help utilities meet electric system demand safely and affordably, while also identifying potential cost reductions and streamlined processes for deploying ATT. Additionally, the bill emphasizes the importance of public engagement, requiring the BPU to hold at least two public stakeholder meetings to gather input from interested parties.

Within one year of the bill's enactment, the BPU is required to submit a written report detailing the findings of its study to both the Governor and the Legislature, as well as publish the report on its website. The bill highlights the urgent need for improved transmission infrastructure in light of rising energy demands and the existing backlog of energy generation projects, which contribute to grid congestion and inefficiencies. By exploring the deployment of ATT, the BPU aims to enhance the reliability and efficiency of New Jersey's electrical grid, ultimately benefiting consumers and stakeholders in the energy sector.