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December 21, 2024

Public Service Enterprise Group (PSEG)

Green Delaware
New Jersey Lawmakers Pass on Nuke Bailout in Lame Duck Session
Exelon and PSEG will have to wait until the next session of the New Jersey Legislature for a vote on a bill to provide payments to the state’s nuclear fleet.
© RTO Insider
NJ Nuclear Subsidy Bill Moves Swiftly out of Committee
Members of both houses of the New Jersey Legislature voted unanimously to advance a bill that would subsidize the state's nuclear plants.
Green Delaware
Nuke Bailout Bill Introduced in NJ Senate
PSEG and Exelon would receive hundreds of millions in subsidies under legislation introduced in the New Jersey Senate.
Opponents Assemble as PSEG Seeks NJ Nuke Subsidy
PSEG CEO Ralph Izzo asked New Jersey legislators to approve subsidies for the company’s three in-state nuclear power plants.
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.
© RTO Insider
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.

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