PSEG

IEEFA Research

Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant

Report- When, Not If: Bridgeport’s Future and the Closing of PSEG’s Coal Plant

When, Not If:  Bridgeport’s Future and the Closing of PSEG’s Coal Plant (PDF) Presentation: When Not If_ Bridgeports Future and the Retirement of PSEG’s Coal Plant (PPT)                                        

January 23, 2014 Read More →

More News and Commentary

Battery storage cost reductions making solar, wind the generation technologies of choice

The Wall Street Journal: A global wave of investment in high-capacity batteries is poised to transform the market for renewable energy in coming years, making it more practical and affordable to store wind and solar power and deploy it when needed. Government-owned utilities and companies are buying batteries that can be larger than shipping containers. […]

August 12, 2019 Read More →

New Jersey utility PSEG pledges to be carbon-free by 2050

CNN Business: PSEG has relied on fossil fuels to keep the lights on for the past 116 years. Now, New Jersey’s largest and oldest power company is pledging to deliver carbon-free electricity to fight climate change. The $30 billion utility provider announced Thursday that it’s on track to slash carbon emissions by 80% by 2046, […]

July 25, 2019 Read More →

New Jersey utility to take $415 million hit to exit coal generating business

Bloomberg: Public Service Enterprise Group Inc., the owner of New Jersey’s biggest utility, agreed to sell its stakes in two Pennsylvania power plants at a loss, marking the last steps in its plan to exit from coal. The deal to sell its stakes – about 23% each – in the Keystone and Conemaugh plants is […]

June 25, 2019 Read More →
and

IEEFA Puerto Rico: PREPA privatization plan overlooks unionized workers as best asset

Honoring collective bargaining agreements is fiscally sound and economically necessary

Puerto Rico’s Senate and House of Representatives are finalizing an energy policy bill that amends the existing privatization plan for the Puerto Rico Electric Power Authority (PREPA). One of the remaining issues is whether to require future private utility owners to honor existing PREPA collective bargaining agreements with labor unions. The legislature should protect these […]

and February 25, 2019 Read More →

In Closure of Diablo Canyon Power Plant, a Concession That the Future Is Not Nuclear

Ivan Penn and Samantha Masunaga for the Los Angeles Times: One of California’s largest energy utilities took a bold step in the 21st century electricity revolution with an agreement to close its last operating nuclear plant and develop more solar, wind and other clean power technologies. The decision announced Tuesday by Pacific Gas & Electric […]

June 22, 2016 Read More →
Move to Close Loophole on U.S. Coal-Export Royalties; Prairie State Hires a New CEO; Wind-Energy Outlook

Move to Close Loophole on U.S. Coal-Export Royalties; Prairie State Hires a New CEO; Wind-Energy Outlook

REUTERS HAS AN IMPORTANT SCOOP THIS MORNING on U.S. government preparations to close an accounting loophole that helps coal companies make tens of million of dollars in profits off federal coal leases at the expense of taxpayers. The article, by Patrick Rucker, chronicles a Reuters investigation into how coal companies “stood to pocket an additional […]

October 23, 2014 Read More →
Bridgeport ‘Weighs Future’ of Its Coal Plant

Bridgeport ‘Weighs Future’ of Its Coal Plant

The Connecticut Post is out today with an update on opposition to the coal-fired plant that provides electricity to Bridgeport, Conn. The City Council on Monday passed a non-binding resolution to shut the plant, owned by PSEG. Excerpts: – “One part of the resolution called on plant owner PSEG to ‘phase out the coal-fired electricity […]

October 7, 2014 Read More →
Report claims that Bridgeport Harbor coal unit is uneconomic

Report claims that Bridgeport Harbor coal unit is uneconomic

  By Barry Cassell, Generation Hub – Group says PSEG should look at retiring one of the last New England coal units “A new report cautions that Public Service Enterprise Group’s (NYSE: PEG) Bridgeport Harbor Unit 3 – the last coal-fired power facility in Connecticut and one of the few remaining such facilities in New England – […]

January 24, 2014 Read More →
Future dim for Connecticut’s last coal-fired power plant

Future dim for Connecticut’s last coal-fired power plant

By Luther Turmelle, New Haven Register – BRIDGEPORT – “Connecticut’s last coal-fired power plant may not be around much longer if the projections of a Cleveland-based energy economics firm are correct…. Power generators in New England are required to notify ISO-New England if they wish to permanently shut down their plants, said Lacey Ryan, a […]

January 24, 2014 Read More →
Report calls for shutting down coal plant

Report calls for shutting down coal plant

By Brian Lockhart, Connecticut Post – BRIDGEPORT – “The South End’s coal-fired electric plant — the last in the state and the city’s third-highest taxpayer — is belching cash along with smoke from its landmark candy-cane stack. That’s the conclusion of the nonprofit Institute for Energy Economics and Financial Analysis, which Wednesday released a report showing […]

January 24, 2014 Read More →