PSEG to Return to Regulation, Will Divest 6.7-GW Fossil, Solar Fleet

Public Service Enterprise Group (PSEG), New Jersey’s giant utility, has become the latest major U.S. power company to seek an exit from the competitive generation business.  In a statement attached to the company’s second-quarter 2020 earnings results released on July 31, Ralph Izzo, PSEG chairman, president, and CEO, said the company is “exploring strategic alternatives” … Continue reading PSEG to Return to Regulation, Will Divest 6.7-GW Fossil, Solar Fleet