December 3, 2023

Public Service Electric and Gas (PSE&G)

PSEG Reports Q3 Earnings, Infrastructure Investment Plans
PSEG reported an uptick in earnings from last summer and detailed its plans to spend more stable income going forward on improving its infrastructure in a call with analysts.
NJ Seeks Stakeholder Input on Pending Storage Program
Even after a series of public hearings on New Jersey's proposed storage incentive program, debate remains over whether utilities should be allowed to own storage projects.
Power Engineers
DC Circuit Faults FERC on Cost Allocation of NJ Transmission Projects
The D.C. Circuit rejected PJM’s “de minimis” exemption under its DFAX cost allocation and ordered FERC to explain its OK of DFAX's use in two N.J. projects.
NJ BPU to Probe 2nd Ocean Wind Delay Case
The New Jersey BPU agreed to hear Ørsted's petition seeking to override county officials who it says have not responded to efforts to secure local approvals.
Pepco Holdings
Solar Developers: New Jersey’s Aging Grid Can’t Accept New Projects
Parts of New Jersey’s electricity grid are so old and its capacity so limited that new solar projects can’t be connected in certain areas, developers said.
NJ Nukes Awarded $300 Million in ZECs
The New Jersey Board of Public Utilities awarded annual subsidies totaling $300 million a year to the state’s three nuclear power plants.
PSEG Presses for Higher Nuke Subsidies
PSEG used the company’s earnings call to lobby for increased nuclear subsidies and said it expects to sell its non-nuclear generation by the end of 2021.
NJ BPU OKs $205M EV Spending by PSE&G
The New Jersey BPU approved a settlement trimming PSE&G's proposed electric vehicle infrastructure program to $205 million over six years.
Competition, Flexibility Sought for New NJ Solar Initiatives
New Jersey regulators received recommendations for a new incentive program for solar projects and approved two measures related to the state’s OSW projects.
NJ Stakeholders Supportive of PSE&G EV, Storage Program
New Jersey is moving closer to adopting wide-ranging programs promoting the deployment of EVs and energy storage throughout the state.

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