| 2019-04-18 14:23:17|
PEG 14:23 04/18 04/18/19
PSEG 'pleased' with New Jersey BPU vote to award ZECs to three plants
The New Jersey Board of Public Utilities, or BPU, voted to award Zero Emission Certificates, or ZECs, to PSEG's three New Jersey nuclear power plants, Hope Creek and Salem 1 and 2, the company announced earlier. Regarding the BPU decision, PSEG stated: "We are pleased with the decision to award ZECs to PSEG to help support New Jersey's primary supply of zero-carbon electricity. The BPU just saved the people of the State hundreds of millions of dollars in what would have been higher energy costs, thousands of jobs lost and tons of environmentally damaging air emissions. Our next step is to review the BPU's order to better understand today's decision in greater detail. We appreciate the BPU's detailed review and consideration of PSEG Nuclear's ZEC applications."