Public Service Enterprise Group (PSEG)
New Jersey last year put an additional 62,426 new EVs on the road, a 68% increase over 2022, which has prompted some advocates to suggest the state is in reach of its goal of having 330,000 EVs in the state by 2025.
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.
PJM brought a quick fix solution before the Planning Committee, seeking to address the frequency and magnitude of load forecast adjustments being requested by electric distribution companies.
U.S. OSW developers must follow Europe’s example and build out meshed HVDC systems, experts told the International Partnering Forum.
PSEG's CEO said the utility is exiting offshore wind but sees potential in keeping its nukes alive now that they are eligible for federal tax credits.
Two major offshore wind power developers are warning again of economic problems with projects off the New York and New England coasts.
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.
PSEG told the NJ BPU that utilities should play a greater role in owning and operating storage facilities than the one allowed under a proposal by the agency.
The MIC approved an initiative to change the determination of zonal load bus distribution factors and heard first read on changes to VOM cost development.
The NJ EDA approved the $24.25 million purchase of 109.5 acres of land to nearly double the size of the state’s planned offshore wind manufacturing facility.
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