Giant power provider's investment in grid clean energy and modernization now nears $17 billion through 2025, its CEO told investors on Sept. 29. Ralph Izzo supports Democrats' controversial Clean Electricity Performance Program, contained in the pending $3.5T reconciliation bill.
After a long drought, there are now more power plants under development in New England than there has been in over a decade, but how long that trend can last is anybody’s guess.
At its core, Public Service Enterprise Group (PSEG) is like any other energy services company that aims to meet or exceed shareholder value and keep power flowing through sweltering summers and record-breaking storms.