# New Jersey Proposes SMR Generation Incentives

The U.S. Department of Energy’s Energy Emergency Alert for the PJM Interconnection, effective through October 16, 2026, has prompted New Jersey legislators to emphasize the need for more in-state electricity generation. Bills S-1606 and A-1841 propose a state incentive program for small modular reactor (SMR) projects, potentially using a competitive solicitation to provide payments per megawatt-hour generated. The proposal is not an active solicitation; any opportunity depends on legislative action and subsequent New Jersey Board of Public Utilities steps.

- The proposed program could create a future revenue opportunity for SMR developers and related project suppliers through competitively bid generation incentives.
- Companies should review bills S-1606 and A-1841 and follow subsequent New Jersey Board of Public Utilities actions for changes to program status or procurement details.
- Because no solicitation is currently open and no award value or schedule is specified, contractors should treat this as a developing market opportunity rather than an available bid.

**Jurisdictions:** sled
**Industries:** Energy & Utilities
**Topics:** Grants & Funding
**Published:** October 16, 2026

### Government Entities
- U.S. Department of Energy (DOE)
- New Jersey Board of Public Utilities (NJBPU)
- New Jersey Legislature

### Sources
- [LD9: Federal Energy Emergency Alert Highlights NJ’s Need For Greater Energy Genera • New Jersey Legislative SRO, NJ](https://www.senatenj.com/m/newsflash/Home/Detail/1342) - NJ