Public Service Enterprise Group Inc

PSEG operates two nuclear stations in New Jersey—Salem and Hope Creek—whose combined 3.5 GW supply roughly 40 percent of the state’s electricity and anchor its regulated utility earnings. The plants’ long-term licenses, zero-carbon attributes, and position inside the PJM capacity market give PSEG a stable cash-flow base as states and data-center developers seek reliable, emissions-free power.

In the past year PSEG secured a 10-year zero-emission certificate extension from New Jersey, added 25 MW of uprates at Salem, and filed for Hope Creek’s subsequent license renewal; it also faces a 2025 PJM capacity auction reset and ongoing NRC review of steam-generator degradation at Salem Unit 2.

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