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July 23, 2024

Public Service Enterprise Group (PSEG)

PJM Stakeholders Split on Request to OK MOPR Compromise
An appellate court ruling on the PJM minimum offer price rule (MOPR) has created disagreement among stakeholders on how to proceed.
CEOs See Dollar Signs in ZECs, PJM Price Formation
The CEOs of Exelon, PSEG and Dominion praised proposed price supports for nuclear and coal generators during their third-quarter earnings calls.
PJM
Rejecting PJM ‘Wheel’-related Requests, FERC Sets Inquiry
FERC rejected a request by PJM to allow Linden VFT to convert the 330 MW of firm transmission on its lines between PJM and NYISO to non-firm.
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Founding Companies, Officials Celebrate PJM’s 90 Years
PJM capped a busy week with a 90th birthday celebration that attracted utility CEOs and government officials.
PSEG Sees Support for Nuclear, to Seek Revenue Decoupling
PSEG CEO Ralph Izzo said that the company has received “just about universal support for the continued operation” of its nuclear plants.
PSEG, Dynegy CEOs Provide Clashing RXs for Market Woes
MACRUC attendees heard strikingly different prescriptions for how to fix the wholesale energy markets from the CEOs of New Jersey utility PSEG and Dynegy.
Doubts About Balancing Markets, State Policies in Diverse PJM
In response to a request for comments on paths to reconciling policies and wholesale markets, PJM officials told FERC they are pursuing three initiatives.
PJM Sticks with LS Power on Artificial Island Project
PJM officials reaffirmed their selection of LS Power for the stability fix at Artificial Island, rejecting a rival plan from PSE&G.
PSEG Becoming Energy Marketer in ‘Defensive Move’
PSEG has received approval to operate as a third-party supplier of retail electric energy in New Jersey and eastern Pennsylvania.
NYISO Members OK End to Con Ed-PSEG Wheel
The NYISO Management Committee approved an agreement with PJM to end the 1,000-MW Con Ed-PSEG wheel next year while maintaining an operational base flow of 400 MW.

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