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With 2 new gas-fired plants, PSEG competitive unit increases Q4'18 output 19%

Feb 28, 2019 - SNL Energy Finance Daily
Financial Results

PSEG Power LLC saw a 19% increase in power output during the fourth quarter of 2018 compared to the prior-year quarter, Public Service Enterprise Group Inc. management said Feb. 27, attributing the generation increase to bringing online two new combined-cycle units in PJM Interconnection and increased demand due to weather.

PSEG Power, the competitive generation subsidiary of PSEG, reported fourth-quarter 2018 generation at 14.2 TWh, compared to 11.9 TWh in the fourth quarter of 2017. The ...