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Wed, Aug 6

NEWS: PSE&G large load pipeline jumps 47%, to 9.4 GW, much of it speculative

PSE&G’s queue of potential large-load customers (mostly data centers) jumped 47% in Q2 to 9.4 GW. (Utility Dive)

  • But? The utility expects only 10–20% will actually connect.

  • The spike comes as PJM’s supply-demand balance gets tighter and capacity prices hit new highs. PSEG is talking with developers about serving some of that load from its 3,758 MW nuclear fleet in NJ and PA.

  • PSEG CEO Ralph LaRossa says PJM’s market signals aren’t attracting new baseload in the state (see above), and lawmakers are considering letting regulated utilities own in-state generation again to help close the gap.

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