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May 9, 2024

Public Service Enterprise Group (PSEG)

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Fierce Competition in Plans to Upgrade NJ Grid
Eighty transmission proposals to interconnect New Jersey's offshore wind to PJM were submitted by 13 companies to the state's Board of Public Utilities.
PSEG
PSEG Looks to Post-fossil Future
PSEG said during its Q4 earnings call that it's looking at further investment in offshore wind projects after completing the sale of its fossil units.
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Con Ed Submits Proposal for New Jersey Offshore Transmission
Con Ed has submitted a proposal for a 2.4-GW transmission “backbone” to the New Jersey BPU to bring offshore wind-generated electricity to the PJM grid.
New Jersey Division of Rate Coun
Veteran Litigator Appointed Head of NJ Rate Counsel
Gov. Phil Murphy appointed Brian Lipman, a veteran litigator and senior executive at the state Division of Rate Counsel, to lead the consumer advocacy agency.
The U.S. Center
Edison Electric Institute and Biden Admin Work Together at COP26
U.S. National Climate Advisor Gina McCarthy, several U.S. utility executives and the Edison Electric Institute discussed President Biden's goals at COP26.
NJ EDA
New Jersey Wind Port Draws Offshore Heavy Hitters
New Jersey’s plan to create a wind port that will serve as a hub for the East Coast got a boost from applications by prominent offshore wind players.
National Clean Energy Week
Overheard at National Clean Energy Week
A two-day Policy Makers Symposium at National Clean Energy Week provided insight into the mainstreaming of the clean energy transition in the U.S.
Paradise Energy Solutions
PJM, Stakeholders Respond to MOPR Replacement Challenges
PJM and its stakeholders continue to jostle over the impact of the proposed replacement for the expanded MOPR as responses continue to be filed at FERC.
PSEG
PSEG to Sell Fossil Units to ArcLight Capital
PSEG will sell its 6.7-GW fossil fuel fleet to ArcLight Capital Partners for $1.92 billion as it transforms into a primarily regulated electric and gas utility.
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PSEG Close to Fossil Asset Sale
PSEG said it expects to be out of the fossil fuel business by the first quarter of next year and is considering investing in another offshore wind project.

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