NEWARK, N.J., April 27, 2021 /PRNewswire/ -- Today, the
New Jersey Board of Public
Utilities (BPU) unanimously voted to extend the Zero Emission
Certificates (ZECs) for New
Jersey's three nuclear power plants, Hope Creek and Salem 1 and 2, for an additional three
In 2018, the New Jersey Legislature and Gov. Phil Murphy enacted legislation that
established a Zero Emission Certificate program to preserve nuclear
plants that provide more than 90% of the state's carbon-free
electricity. In the state's Energy Master Plan and the Department
of Environmental Protection's Global Warming Response Act 80x50
report, New Jersey indicated its
intent to preserve its carbon-free nuclear generating resources
into the 2050s to meet its 100% clean energy goals.
PSEG stated: "We are pleased with the New Jersey Board of Public Utilities'
unanimous decision to extend the ZECs at the current rate to help
support New Jersey's largest
supply of carbon-free electricity. The BPU's actions today helped
the environment, saved jobs and avoided higher energy costs. We
appreciate the BPU's detailed review and consideration of PSEG
Nuclear's ZEC applications."
Public Service Enterprise Group Inc.
(PSEG) (NYSE: PEG) is a publicly traded diversified energy company
with approximately 13,000 employees. Headquartered in Newark, N.J., PSEG's principal operating
subsidiaries are: Public Service Electric and Gas Co. (PSE&G),
PSEG Power and PSEG Long Island. PSEG is a Fortune 500 company
included in the S&P 500 Index and has been named to the Dow
Jones Sustainability Index for North
America for 13 consecutive years
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