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November 21, 2024
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PSEG Faces Final Decision on NJ Ørsted Project
Utility Considers Options on Ocean Wind Project
At PSEG's third quarter earnings call, new CEO Ralph LaRossa said the company has yet to fully commit to its 25% partnership in the Ocean Wind 1 offshore wind project.
At PSEG's third quarter earnings call, new CEO Ralph LaRossa said the company has yet to fully commit to its 25% partnership in the Ocean Wind 1 offshore wind project. | Shutterstock
Public Service Enterprise Group is mulling whether to remain a 25% partner with Ørsted in the Danish developer’s Ocean Wind 1 project in New Jersey.
Company NewsNew JerseyOffshore WindOffshore Wind PowerPJMState and Local PolicyTransmission & DistributionTransmission Planning