PSEG

What does it mean to be neurodivergent? The term basically applies to people whose brains work in an atypical fashion. It was coined in the 1990s to counter stigma against people with autism, ADHD

While power outages are not uncommon in the U.S., widespread blackouts that last more than a couple of hours are pretty rare. However, this summer marks the 20th anniversary of one of the most significant blackouts in North American history. The incident didn’t just affect the U.S., but also major parts of Canada. The blackout […]

The “Great Resignation” is a term used to describe a widespread trend that took shape over the past few years of employees voluntarily changing jobs in large numbers. The phenomenon gained traction during

It seems like industry insiders have been lamenting the aging power workforce for decades. Yet, there is still a large percentage of workers in the current workforce that are retirement eligible—some studies suggest the percentage is as high as 40%. Meanwhile, the energy transition has created a large number of new jobs building and operating […]

Danish energy developer Ørsted continues to expand its presence in the U.S. market, with the company on Jan. 18 announcing it has signed a deal to acquire Public Service Enterprise Group’s (PSEG’s) 25% stake in the 1.1-GW Ocean Wind 1 project about 15 miles off the coast of New Jersey. The move will give Ørsted […]

In another high-profile leadership shuffle at a major U.S. power generating company, PSEG’s longtime president and CEO Ralph Izzo on Sept. 1 passed leadership of the regulated infrastructure company to Ralph LaRossa, who was previously PSEG’s chief operating officer (COO). Izzo, who will continue to serve as executive chair of the PSEG board until December […]

The threat of climate change is no longer a threat—it’s here and it’s impacting everyone. However, in New Jersey, 10 years after Superstorm Sandy, communities are better prepared than ever to handle

The Department of Energy (DOE) has revised eligibility criteria for the first-award cycle of its $6 billion Civil Nuclear Credit (CNC) program and extended its application period to Sept. 6, 2022. The action responds to a request for adjustments from the California governor’s office to better address Pacific Gas & Electric’s (PG&E’s) 2,240-MW Diablo Canyon […]

The first three major construction contracts have been awarded for the 1,100-MW Ocean Wind 1 offshore project that will provide electricity to New Jersey. Ocean Wind 1 is a joint venture between Ørsted and Public Service Enterprise Group (PSEG), which provides electricity for much of New Jersey. Those groups on April 25 announced Burns & […]

As New York this year readies to build the 132-MW South Fork Wind Farm—its first offshore wind project—the state will dedicate $500 million in funding to enable offshore wind manufacturing and supply chain infrastructure. The investment announced by Gov. Kathy Hochul as part of  New York’s 2022 State of the State plan is just one […]

Public Service Enterprise Group (PSEG) has agreed to sell its 6.8-GW portfolio of non-nuclear generating assets—a fleet of 13 gas plants—to a fund controlled by ArcLight Capital Partners LLC for about $1.92 billion. The sale, which effectively sets up its exit from the competitive generation business, is expected to be completed late in the fourth […]

Cham, Switzerland (July 16, 2021) – Public Service Electric and Gas Co. (PSE&G) has signed a 10-year agreement with Landis+Gyr Technology Inc., a subsidiary of Landis+Gyr Group AG (SIX: LAND) registered in the US, for the supply of 2.3 million advanced meters, network infrastructure, and associated software and services, which are all connected to the […]

PSEG Power retired its Bridgeport Harbor Station Unit 3 (BHS 3, Figure 1) on May 31. The unit, located in Bridgeport, Connecticut, was the last remaining coal-fired power plant in the company’s fleet. “The retirement of Bridgeport Harbor Station Unit 3 marks the end of an era for the City of Bridgeport and the citizens […]

LOWER ALLOWAYS CREEK, N.J. (Oct. 15, 2020) – PSEG Nuclear’s Salem Unit 1 entered its planned refueling and maintenance outage on Oct. 3, 2020, when operators safely removed the unit from the regional power grid. Salem 1 is one of three nuclear units operated by PSEG in Salem County, New Jersey. Collectively, the three nuclear […]

It’s an article of faith in large parts of the U.S.—at least among power industry people—that organized and Federal Energy Regulatory Commission (FERC)–regulated “merchant” interstate power markets are the best way to ensure a sufficient supply of electricity, as well as to ensure fair and equitable prices for ratepayers. On that basis, large areas of […]

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” […]

NEWARK, N.J. (April 8, 2020) — PSEG announced that it has donated 4,000 boxes or 200,000 pairs of gloves to the State of New Jersey in an effort to help the medical community meet its increased need for protective equipment amid the COVID-19 pandemic. PSEG is donating the gloves to the state, which will distribute the […]

NEWARK, N.J. (March 24, 2020) — PSEG announced today that it is donating more than 50,000 N95 respirator masks to one of New Jersey’s largest health care systems in an effort to help the medical community meet its increased need for protective equipment amid the COVID-19 pandemic. “We recognize the dire need that the medical […]

The New Jersey Board of Public Utilities (NJBPU) on Dec. 20 announced it has approved 45 applications in the first year of its Community Solar Energy Pilot Program. The NJBPU in a statement Friday said the projects, with total generation capacity of 77.61 MW, will be designed by local governments, community groups, and private developers. […]

Danish renewables firm Ørsted’s 1.1-GW Ocean Wind project is the winner of New Jersey’s first award for offshore wind, the New Jersey Board of Public Utilities (NJBPU) said on June 21.  Ørsted, with support from Public Service Enterprise Group’s (PSEG’s) non-utility affiliate, vied for the award with two other offshore wind developers that submitted bids […]

The U.S. Supreme Court’s refusal to reconsider industry-led challenges to state nuclear subsidy programs in New York and Illinois leaves the contentious matter to the Federal Energy Regulatory Commission (FERC).  The high court on April 15 declined to accept petitions for review of decisions by the Second Circuit and Seventh Circuit, dealing a major blow […]

Several power-sector CEOs—appearing at the Bloomberg New Energy Finance (BNEF) Summit in New York this week—suggested that existing nuclear power plants should not be allowed to slowly vanish from the U.S. electricity grid under market pressure caused by cheap natural gas and the growth of renewable energy. The leaders submitted that nuclear power provides important […]

Public Service Enterprise Group (PSEG) has again told New Jersey officials it needs subsidies to continue operating its three nuclear power units in the state, reiterating that without financial help it will begin closing its Hope Creek Generating Station and Salem Nuclear Power Plant as early as 2022. The three reactors are the only remaining […]

The first of about 400 workers remaining at the soon-to-close Oyster Creek Nuclear Generating Station in New Jersey will begin leaving their jobs over the next few weeks, according to a notice filed this month by Exelon Corp. with the state’s Department of Labor and Workforce Development. The Worker Adjustment and Retraining Notification (WARN) filing […]

New Jersey Gov. Phil Murphy signed a few important energy bills on May 23 including one (S-2313) that establishes a zero emissions certificate (ZEC) program, which reportedly will provide the state’s nuclear power plants with $300 million a year in ratepayer subsidies. To qualify, the plants must demonstrate that they make a significant contribution to […]

New Jersey’s Assembly and Senate are both poised to vote on controversial bills that seek to subsidize the state’s nuclear power plants, modify the renewables portfolio standard, and support a pilot offshore wind farm. Lawmakers on April 12 could pass the package of bills, which includes S-2313, a bill directing the Board of Public Utilities […]

Debate continues over a proposed $1.5 billion power plant that would be built in North Bergen, New Jersey, and would send electricity to New York City. The project includes a 1,200-MW combined cycle facility, along with a 6.5-mile 345-kV underground and submarine cable that would go through Bergen County, under the Hudson River, and connect […]

Exelon Generation will shutter its Oyster Creek Generating Station in October 2018—more than a year before it is required to close the single-unit reactor as part of an agreement with the state of New Jersey. Exelon agreed in 2010 to close the unit by December 2019—10 years before its license to operate expires—after it decided […]

Public Service Enterprise Group (PSEG) President and CEO Ralph Izzo gave NRG Energy a tongue-lashing for its pointed opposition of subsidies for PSEG’s two New Jersey nuclear power plants. The tense moment at a January 25 legislative hearing that sought to revive the measure is illustrative of a growing chasm within the power sector about the […]

A bill backed by outgoing New Jersey Gov. Chris Christie (R) to subsidize the state’s nuclear power plants unanimously passed a joint committee on December 20 and now heads to the full legislature for a vote. S.3560, introduced on December 14, directs the Board of Public Utilities to issue Nuclear Diversity Certificates (NDCs) to nuclear power […]