"New Jersey Energy Reliability and Affordability Act"; establishes advanced nuclear reactor, distributed energy storage, and demand optimization programs in BPU.

The New Jersey Energy Security and Affordability Act establishes three programs to improve grid reliability and affordability: (1) an advanced nuclear reactor program with funding through an "Advanced Nuclear Development Charge" (ANDC) on electric utility customers and an "Advanced Nuclear Energy Certificate" (ANEC) program requiring a certain percentage of electricity sold in New Jersey to come from nuclear sources, (2) a distributed energy storage program targeting 500 megawatts of battery storage by 2030, and (3) a demand optimization program designed to reduce peak demand by 500 megawatts by 2030. The bill requires electric public utilities to implement these programs by filing plans with the Board of Public Utilities (BPU), with the BPU setting minimum requirements but utilities handling implementation and reporting. Electric utilities would file annual reports to demonstrate compliance with the programs. The legislation aims to address grid reliability concerns, reduce costs for ratepayers, and support nuclear energy as a carbon-free power source.