Table of Contents
Table of Contents 2
List of Tables 9
Company Snapshot 10
Key Information 10
Company Overview 10
SWOT Snapshot 10
Operational Metrics 11
Public Service Enterprise Group Inc, Operational Metrics, By Capacity 11
Public Service Enterprise Group Inc, Operational Metrics, By Customers 11
Public Service Enterprise Group Inc, Operational Metrics, By Sales 11
Public Service Enterprise Group Inc, Wind Farms 12
Public Service Enterprise Group Inc, Wind Farms, United States 12
Public Service Enterprise Group Inc, Solar PV Parks 13
Public Service Enterprise Group Inc, Solar PV Parks, United States 13
Public Service Enterprise Group Inc, Hydro Power Plants 20
Public Service Enterprise Group Inc, Hydro Power Plants, United States 20
Public Service Enterprise Group Inc, Biopower Plants 21
Public Service Enterprise Group Inc, Biopower Plants, United States 21
Public Service Enterprise Group Inc, Thermal Power Plants 22
Public Service Enterprise Group Inc, Thermal Power Plants, United States 22
Public Service Enterprise Group Inc, Commercial Reactors 25
Public Service Enterprise Group Inc, Commercial Reactors, United States 25
Business Description 26
Business Overview 26
Others 26
Overview 26
Power 26
Overview 26
PSE&G 26
Overview 26
Major Products and Services 27
History 28
SWOT Analysis 34
Overview 34
Public Service Enterprise Group Inc Strengths 34
Broad Customer Mix: PSE&G 34
Business Model: Integrated Operations 34
Increase in Operating Margin 34
Public Service Enterprise Group Inc Weaknesses 35
Working Capital Deficit 35
Huge Debt 35
Public Service Enterprise Group Inc Opportunities 35
Increase in Demand for Electricity: the US 35
Business Expansions 35
Strategic Acquisitions 35
Public Service Enterprise Group Inc Threats 35
Seasonal Variations and Climatic Conditions 35
Clean Power Plan by EPA: the US 36
Third-Party Credit Risk 36
Financial Ratios – Capital Market Ratios 37
Financial Ratios – Annual Ratios 37
Financial Ratios – Interim Ratios 39
Key Employees 40
Key Employee Biographies 41
Company Statement 42
Locations And Subsidiaries 43
Head Office 43
Other Locations & Subsidiaries 43
Financial Deals Landscape 44
Public Service Enterprise Group Inc, Deals Summary 44
Public Service Enterprise Group Inc, Power, Deal Details 45
Asset Transactions 45
PSEG Power Acquires Keys Energy Center Gas Fired Power Plant in Maryland, US from Genesis Power and EIF United States Power Fund 45
PSEG Power to Invest up to USD875 Million in Keys Energy Center Gas Fired Power Plant in Maryland, US 46
Debt Offering 47
Public Service Electric and Gas Raises USD325 Million in Public Offering of 3.65% Notes Due 2028 47
Public Service Electric and Gas Raises USD325 Million in Public Offering of 3.25% Notes Due 2023 49
PSEG Power Raises USD700 Million in Public Offering of 3.85% Notes Due 2023 51
PSEG Power Raises USD500 Million in Public Offering of 8.625% Bonds Due 2031 53
Public Service Electric and Gas Raises USD250 Million in Public Offering of 1.8% Notes Due 2019 54
Public Service Electric and Gas Raises USD250 Million in Public Offering of 4% Notes Due 2044 56
Public Service Electric Completes Public Offering Of 2.3% Notes Due 2018 For US$350 Million 58
Public Service Electric Completes Public Offering Of 3.75% Notes Due 2024 For US$250 Million 59
Public Service Electric and Gas Completes Public Offering Of 3.65% Notes Due 2042 For US$350 Million 60
Public Service Electric Completes Public Offering Of 3.95% Notes Due 2042 For US$450 Million 62
Recent Developments 63
Public Service Enterprise Group Inc – Recent Developments 63
Jul 01, 2009: PSE&G Receives Approval From New Jersey BPU To Invest $190 Million In Energy Efficiency Economic Stimulus Program 63
Jan 12, 2009: PSE&G Submits Application To New Jersey Board of Public Utilities To Build Susquehanna-Roseland Power Line 63
Apr 08, 2008: PSE&G Receives Approval To Launch Solar Investment Program 64
Sep 23, 2009: PSEG Solar Source To Develop Three Solar Projects In US 65
Feb 10, 2009: PSE&G To Come Up With Solar Panel Installation Project 65
Aug 01, 2018: PSEG Announces 2018 Second Quarter Results 66
Apr 30, 2018: PSEG Announces 2018 First Quarter Results 68
Feb 23, 2018: PSEG Announces 2017 Results 70
Oct 31, 2017: PSEG Announces 2017 Third Quarter Results 72
Jul 28, 2017: PSEG Announces 2017 Second Quarter Results 73
Apr 28, 2017: PSEG Announces 2017 First Quarter Results 75
Apr 18, 2017: PSEG Strategy Continues to Produce Results 77
Feb 24, 2017: PSEG Announces 2016 Results 78
Oct 31, 2016: PSEG Announces 2016 Third Quarter Results 79
Jul 29, 2016: PSEG Announces 2016 Second Quarter Results 82
Apr 29, 2016: PSEG Announces 2016 First Quarter Results 84
Feb 19, 2016: PSEG Announces 2015 Results 85
Oct 30, 2015: PSEG Announces 2015 Third Quarter Results 88
Jul 31, 2015: PSEG Announces 2015 Second Quarter Results 90
May 01, 2015: PSEG Announces 2015 First Quarter Results 92
Feb 20, 2015: PSEG Announces 2014 Results 94
Feb 17, 2015: PSEG Increases Common Stock Dividend 96
Nov 18, 2014: PSEG Declares Regular Quarterly Dividend 96
Oct 30, 2014: PSEG Announces 2014 Third Quarter Results 96
Jul 30, 2014: PSEG Announces 2014 Second Quarter Results 98
Jul 15, 2014: PSEG Declares Regular Quarterly Dividend 99
May 01, 2014: PSEG Announces 2014 First Quarter Results 99
Apr 15, 2014: Public Service Enterprise Declares Regular Quarterly Dividend 101
Feb 20, 2014: PSEG Announces 2013 Results 101
Feb 18, 2014: Board of Directors Approves Increase in Quarterly Dividend 102
Nov 19, 2013: PSEG Declares 36-Cent Quarterly Dividend 102
Jul 30, 2013: PSEG Announces 2013 Second Quarter Results 102
Apr 30, 2013: PSEG Reports Revenue Of $2.8 Billion In Q1 2013 104
Feb 21, 2013: PSEG Reports Revenue Of $9.8 Billion In 2012 106
Nov 01, 2012: PSEG Reports Revenue Of $2.4 Billion In Q3 2012 108
Jul 31, 2012: PSEG Reports Revenue Of $2.1 Billion In Q2 2012 110
May 02, 2012: PSEG Reports Revenue Of $2.9 Billion In Q1 2012 111
Feb 23, 2012: PSEG Reports Revenue Of $11.1 Billion In 2011 112
Nov 01, 2011: PSEG Reports Revenue Of $2.6 Billion In Q3 2011 113
Aug 03, 2011: PSEG Reports Operating Revenues Of $2.5 Billion In Q2 2011 113
May 05, 2011: PSEG Reports Operating Revenues Of $3.3 Billion In Q1 2011 114
Feb 22, 2011: PSEG Reports Net Income Of $1.55 Billion For 2010 115
Oct 27, 2010: PSEG Reports Operating Revenues Of $3.25 Billion In Q3 2010 116
Jul 30, 2010: PSEG Reports Operating Revenues Of $2.45 Billion In Q2 2010 117
May 05, 2010: PSEG Reports Net Income Of $491 Million In Q1 2010 117
Feb 26, 2010: PSEG Reports Net Income Of $1.6 Billion In 2009 118
Oct 28, 2009: PSEG Reports Net Income Of $488 Million In Q3 2009 118
Jul 31, 2009: PSEG Reports $311 Million Net Income In Q2 2009 120
May 04, 2009: PSEG Reports $444 Million Net Income In Q1 2009 121
Feb 17, 2009: PSEG Increases Quarterly Dividend 123
Feb 03, 2009: PSEG Reports 2008 Results 123
Nov 20, 2008: PSEG Declares Quarterly Dividend 124
Oct 31, 2008: PSEG Reports 3Q 2008 Results 124
Aug 01, 2008: PSEG Reports 2Q 2008 Results 125
Jul 15, 2008: PSEG Declares Quarterly Dividend 127
May 06, 2008: PSEG Reports 1Q 2008 Results 127
Apr 15, 2008: PSEG Declares Quarterly Dividend 128
Feb 01, 2008: PSEG Declares Q4 2007 Results 129
Jan 15, 2008: PSEG Declares 10% Increase In Quarterly Dividend 130
Nov 20, 2007: PSEG Declares Quarterly Dividend 130
Nov 01, 2007: PSEG Declares Q3 2007 Results 130
Aug 01, 2007: PSEG Declares Q2 2007 Results 131
Jul 17, 2007: PSEG Declares Quarterly Dividend 132
May 04, 2007: PSEG Declares Q1 2007 Results 132
Apr 17, 2007: PSEG Declares Quarterly Dividend 134
Jan 31, 2007: PSEG Declares Q4 2006 Results 134
Jan 16, 2007: PSEG Declares Increase In Quarterly Dividend 135
Sep 27, 2018: PSE&G proposes $4B plan to cut New Jersey energy use, carbon emissions 135
Aug 31, 2018: PSEG Long Island announces september 2018 power supply charge 135
Jul 31, 2018: PSEG Long Island announces August 2018 power supply charge 136
Jul 13, 2018: PSE&G Hires Ted Wells to Conduct an Independent Investigation 137
Jul 02, 2018: PSE&G Electric Conducts Site Visit of GDET Cryptocurrency Mining Facility to Approve Service Upgrade 137
Jun 22, 2018: Rick Thigpen Promoted To Senior Vice President – Corporate Citizenship, PSEG; Karen Reif Named Vice President – Renewables And Energy Solutions, PSE&G 138
May 31, 2018: PSEG Announces Major Infrastructure Investment Program 138
Apr 13, 2018: PSEG Nuclear’s Hope Creek Generating Station Begins Refueling Outage and Sets New Records 139
Apr 03, 2018: Kathleen Lally To Retire As Vice President Of Investor Relations, PSEG 140
Mar 22, 2018: PSEG crews to help ACE restore power to NJ customers 140
Mar 11, 2018: Power restored to all customers impacted by nor’easter: PSEG 141
Mar 06, 2018: PSEG sends additional crews to help JCPL restore power before next storm hits 141
Mar 04, 2018: PSEG crews to help JCPL restore power to NJ customers 141
Feb 13, 2018: PSEG Names Barb Short New Chief Diversity Officer, President, PSEG Foundation and Senior Director, PSEG Corporate Citizenship and Culture 142
Jan 25, 2018: PSEG hoping to get $300M nuclear bailout from NJ 142
Dec 22, 2017: PSEG hires Barry Ostrowsky to board 143
Dec 14, 2017: Utility Makes Push for Nuclear Subsidies, Drawing Opposition 143
Dec 05, 2017: NJ nuclear plant operator seeking state subsidy 143
Nov 30, 2017: PSEG Long Island Announces December 2017 Power Supply Charge 143
Nov 21, 2017: Governor Cuomo Announces More Than 200 Electric Utility Personnel and More Than 180 Vehicles Arrive in Puerto Rico to Assist with Power Grid Recovery 144
Nov 13, 2017: Governor Cuomo Announces 160 Utility Personnel Arrive in Puerto Rico to Assist with Power Grid Recovery 145
Aug 08, 2017: Massive steam generator goes down Hudson to $600 million power plant in New Jersey, US 146
Aug 07, 2017: PSEG Elects Karen Cleeve to Vice President, Corporate Communications 146
Aug 04, 2017: US Energy Agency To Take On $50-Billion Pipeline Backlog As Senate Acts 146
Jul 20, 2017: Port authority board approves critical state of good repair projects for path system 146
Jul 13, 2017: Hoboken City in US to improve its power grid 147
Jun 23, 2017: Ralph Larossa Elected President And COO Of PSEG Power 147
Jun 01, 2017: PSEG Power closes its last two coal-fired power plants in New Jersey, US 148
May 30, 2017: PSEG shuts two coal-fired power plants in New Jersey, US 148
Mar 23, 2017: NRC to Conduct Open House to Discuss 2016 Performance of Salem and Hope Creek Nuclear Power Plants 148
Mar 09, 2017: PennEast Project in Jeopardy As PSEG Looks To Pull Out, Announces ReThink Energy 149
Mar 06, 2017: PSEG Outlines 5-Year, $15 Billion Capital Investment Program 149
Jan 24, 2017: PSE&G commissions ILR solar farm in US 150
Dec 28, 2016: Bill Levis Announces Plan To Retire As President, COO, PSEG Power 150
Dec 01, 2016: Groups Show PennEast’s Latest Claims As Desperate Attempt To Give Pipeline A Purpose 151
Dec 01, 2016: PSE&G Reminds Customers to Apply for Assistance in Paying Winter Heating Bills 151
Nov 08, 2016: NJCF: Feds Stall PennEast Pipeline, Application Again Suspended 152
Oct 20, 2016: PSEG Names FERC Veteran, Larry Gasteiger, Chief, Federal Regulatory Policy 153
Oct 05, 2016: PSEG To Retire Two New Jersey Coal Plants In 2017 153
Jun 30, 2016: Rich Lopriore to Retire as President of PSEG Fossil 154
Jun 14, 2016: Gov. Christie Supports PSEG’s Investments to Make New Jersey’s Energy Infrastructure More Reliable and Resilient 154
Mar 24, 2016: PSEG Spends Record Level in 2015 with Diverse Suppliers 155
Mar 16, 2016: PSEG Is Investing $1 Billion in Solar 156
Mar 11, 2016: PSEG 5-Year Capital Investment Program Increases to $16 Billion 156
Dec 16, 2015: PSEG Elects Willie A. Deese To Board of Directors 156
Nov 18, 2015: PSEG is Building a Sustainable Future 157
Sep 23, 2015: PSEG Names Company Veteran Dan Cregg As Executive Vice President and Chief Financial Officer 157
Sep 23, 2015: PSEG appoints Dan Cregg as EVP and CFO, effective October 8 158
Sep 23, 2015: PSEG appoints Dan Cregg as EVP and CFO 158
Sep 02, 2015: Labor Day Update: PSEG’s New Jersey Investments Continue to Create Local Jobs 158
Jul 24, 2015: Caroline Dorsa, Executive Vice President and CFO, PSEG Announces Retirement 159
Jun 30, 2015: New Jersey DEP draft water use permit do not require cooling towers 159
Apr 30, 2015: PSEG Long Island Announces May 2015 Power Supply 159
Mar 02, 2015: PSEG’s Five-Year, $13 Billion Capital Program Supports Earnings Growth Strategy 160
Nov 23, 2014: PSEG Nuclear’s Salem 1 reactor returned to service 160
Nov 19, 2014: EnterSolar Building 200 kW Commercial Solar Array In N.J. 160
Nov 19, 2014: PSEG Awards $500,000 in Small Grants to Fund Municipal Projects 161
Nov 10, 2014: PSEG Essex Solar Energy Center Goes Into Service 161
Nov 04, 2014: Improving the Resiliency of the Electric Grid is Central to PSEG’s Sustainability Strategy 162
Oct 13, 2014: PSEG Power Joins PennEast Pipeline Project 162
Oct 06, 2014: PSEG Services Corporation President Derek DiRisio Appointed Co-Chair of All Stars Project of New Jersey Board 162
Sep 24, 2014: PSE&G Begins Work to Build Solar Farm on Parklands Landfill Project Is First Under Solar 4 All Program Extension 163
Sep 12, 2014: PSEG Continues to be Named Corporate Sustainability Leader 163
Sep 12, 2014: PSEG increases output of Hope Creek 1 nuclear reactor to 71% of capacity 164
Jul 17, 2014: Derek DiRisio Elected President, PSEG Services; Stuart J. Black Elected Controller, PSEG; Laurent Pommier Elected VP and Chief Risk Officer 164
Jul 15, 2014: Utilities form advisory board to launch AREVA’s next generation fuel assembly design in the U.S. 165
May 20, 2014: PSEG Statement on Environmental Protection Agency’s Final Rule Regulating Cooling Water Intake Structures 165
May 13, 2014: PSEG prolongs reactor refueling outage at Salem 2 nuclear power plant 165
Apr 01, 2014: Lon Bouknight, PSEG General Counsel, To Retire Tamara Linde to Be Named General Counsel 165
Mar 07, 2014: PSEG Announces $12 Billion Five-Year Capital Spending Program At Yearly Investor Conference 166
Dec 04, 2013: PSEG Partners with the NFL Environmental Program to Provide Green Energy For Super Bowl XLVIII 166
Nov 08, 2013: David M. Daly appointed president and COO of PSEG s Long Island subsidiary 167
Jul 29, 2013: Governor Como Signs Legislation Restructuring Utility Operations On Long Island 168
Jul 18, 2013: Perfect Printing begins Moorestown Solar Project 169
Jul 08, 2013: PSEG Opens Largest Electric Car Charging Facility in New Jersey 170
May 30, 2013: PSEG Increases Output Of Salem 1 Nuclear Reactor To 98% Of Capacity 170
May 23, 2013: PSEG Resumes Power Generation At Salem 1 Nuclear Reactor 170
Jan 11, 2013: NRC Names Sherlyn Ibarrola As New Resident Inspector To Hope Creek Nuclear Power Plant 170
Dec 17, 2012: LIPA Announces 2013 Operating And 2013–14 Capital Budget 170
Nov 07, 2012: PSEG Receives Five-year Permit For 529 MW Bridgeport Harbor Power Plant 171
Oct 02, 2012: PSE&G’s Susquehanna Roseland Power Line Receives Approval From National Park Service 171
Apr 30, 2012: PSEG’s Unit 1 At Salem Nuclear Power Plant Shuts Automatically 172
Oct 13, 2011: CFTP Urges US Congress To Review Deficiencies In FERC’s Order 1000 172
Sep 12, 2011: PSEG’s Unit 1 At Salem Nuclear Power Plant Decreases To 44% Of Capacity 172
Aug 31, 2011: NRC Appoints New Fred Bower As Senior Resident Inspector For Hope Creek Nuclear Power Plant 173
Aug 24, 2011: NJBPU Announces Three Public Hearings On PSE&G’s North Central Reliability Project 173
Aug 22, 2011: CFTP Files Request With FERC For Rehearing Over Order No. 1000 173
Jul 20, 2011: NRC Renews Operating License For Hope Creek Nuclear Power Plant For Additional 20 Years 174
Jul 19, 2011: PSEG Ready To Meet High Electric Demand In New Jersey, US 175
Jul 01, 2011: PSEG’s Salem 2 Nuclear Reactor Restarts Operations 175
Jun 30, 2011: NRC Renews Operating Licenses For Salem NPP By 20 Years 175
Jun 29, 2011: NRC Expected To Renew Licenses Of PSEG’s Salem 1 And Salem 2 Nuclear Reactors By 20 Years 175
Jun 27, 2011: PSEG’s Salem 2 Shuts Automatically Due To Failure Of Reactor Coolant Pump 175
May 31, 2011: PSEG Increases Output Of Salem Nuclear Plant’s Unit 2 To 100% Of Capacity 176
May 10, 2011: PSEG Increases Output Of 1,130 MW Unit 2 At Salem Nuclear Power Plant To 83% Of Capacity 176
May 09, 2011: PSEG’s 1,130 MW Unit 2 At Salem Nuclear Power Plant Returns To Service 176
May 05, 2011: PSEG Increases Output Of 1,174 MW Unit 1 At Salem Nuclear Power Plant To 97% Of Capacity 176
May 02, 2011: PSEG’s 1,174 MW Unit 1 At Salem Nuclear Power Plant Reduced To 8% Of Capacity 176
Apr 19, 2011: PSE&G Outlines Growth Strategy Over Next Three Years 176
Apr 11, 2011: PSEG’s Unit 2 At Salem Nuclear Power Plant Goes Offline For Refueling Outage 176
Apr 11, 2011: PSE&G Reminds Customers To Apply By May 2 For Assistance In Paying Winter Heating Bills 177
Mar 31, 2011: PSEG’s 1,174 MW Salem 1 Nuclear Reactor Operates At Full Capacity 177
Mar 25, 2011: PSEG’s 1,130 MW Salem 2 Nuclear Reactor Increases To 85% Of Capacity 177
Mar 24, 2011: PSEG Reduces Power Output From 1,130 MW Salem 2 Reactor 177
Mar 22, 2011: PSEG’s Unit 1 At Hope Creek Nuclear Power Plant Increases To 66% Of Capacity 177
Mar 09, 2011: Solar Rainbow To Install 1 MW Solar Photovoltaic System For Omni Holdings In New Jersey 177
Jan 06, 2011: PSEG Announces Opposition To A3442 Legislation 178
Jan 06, 2011: USLT Ships Its 100,000th Induction Lighting Unit To New Jersey’s PSE&G 178
Nov 09, 2010: NRC To Seek Input On Draft Environmental Reports For Salem, Hope Creek Nuclear Plant Relicensing Applications 179
Nov 08, 2010: NRC Announces Opportunity To Participate In Hearing On ESP Application For PSEG Site 179
Oct 15, 2010: NRC Seeks Public Input On Environmental Scoping For PSEG ESP 179
Oct 04, 2010: GSOE Announces Offshore Wind Monitoring Program Advancing 180
Sep 28, 2010: PSEG And JEA Dedicate Jacksonville Solar Facility In Florida, US 180
Aug 19, 2010: PSEG Dedicates 12MW PSEG Wyandot Solar Farm In Ohio 181
Aug 03, 2010: Princeton Power Systems To Begin Construction On Advanced Renewable Energy System 181
Jun 15, 2010: PSE&G Upgrades Gas Facilities At Fairview, New Jersey 182
Jun 14, 2010: PSEG Solar Source’s Wyandot Solar Farm In Ohio Goes Online 182
May 25, 2010: PSEG Power, PSEG Nuclear File ESP Application With NRC For Possible NPP 182
May 03, 2010: PSEG’s Hope Creek-Salem NPP’s Unit 1 Resumes Operations At Full Capacity 183
Mar 04, 2010: National Park Service Extends Deadline For Public Comment Period On Susquehanna-Roseland Power Transmission Line 183
Mar 01, 2010: Diverse Group Of Electric Utilities Launch Coalition For Fair Transmission Policy 183
Feb 16, 2010: National Park Service To Conduct Two Hearings On Susquehanna-Roseland Transmission Project 184
Jan 25, 2010: PSEG Opens New Energy And Environmental Resource Center 184
Jan 04, 2010: Ice Shuts Down Operation At PSEG’s Salem Unit 2 Nuclear Power Plant In New Jersey 185
Nov 13, 2009: PSEG 1,130 MW Unit 2 At Salem Nuclear Power Station Increases Up To 82% Power 185
Nov 12, 2009: PSEG 1,130 MW Unit 2 At Salem Nuclear Power Station Exits Outage And Increases Up To 57% Power 185
Nov 11, 2009: PSEG’s 1,130 MW Unit 2 At Salem Nuclear Power Plant Starts To Exit Outage And Increases Up To 5% Power 186
Nov 09, 2009: Mars And PSEG Complete Installation Of Solar Garden In New Jersey 186
Oct 21, 2009: PSEG’s 1,209 MW Hope Creek Nuclear Power Reactor Returns To Full Power 186
Oct 20, 2009: PSEG’s 1,209 MW Hope Creek Nuclear Power Reactor Decreases To 50% Power 187
Oct 14, 2009: PSEG Shuts Its 1,130 MW Unit 2 At Salem Nuclear Power Station 187
Oct 03, 2009: PSEG Elects Tom Joyce As President And Chief Nuclear Officer Of PSEG Nuclear 187
Aug 18, 2009: PSEG Nuclear Submits Salem And Hope Creek License Renewal Applications To NRC 188
Aug 03, 2009: PSE&G To Upgrade Gas Facilities In Merchantville, US 188
Jul 29, 2009: PSE&G Wins Approval From BPU For Its Solar 4 All Program 188
Jul 23, 2009: PSEG Surpasses EPA Voluntary Carbon Emissions Reduction Goal 190
Jun 10, 2009: PSEG And Energy Storage Appoint Stephen C. Byrd As President And CEO 191
Jun 09, 2009: CSX Transportation And PSEG Power Introduce New Ultra-Low Emission GenSet Locomotives To New Jersey 191
May 20, 2009: PSEG’s 1,209 MW Hope Creek Nuclear Power Reactor Exits Outage And Increases To 20% Power 192
May 19, 2009: PSEG’s 1,209 MW Hope Creek Nuclear Power Reactor Exits Outage And Increases Up To 20% Power 192
May 18, 2009: PSEG Shuts 1,209 MW Hope Creek Nuclear Power Reactor, New Jersey 193
May 07, 2009: PSEG’s 1,209 MW Hope Creek Nuclear Power Reactor Increases Up To 97% Power 193
May 05, 2009: PSEG’s 1,209 MW Hope Creek Nuclear Power Reactor Exits Outage And Increases Up To 35% Power 193
May 04, 2009: PSEG’s 1,209 MW Hope Creek Nuclear Power Reactor Exits Outage And Increases Up To 9% Power 194
Apr 29, 2009: PSEG Elects Christine M. De Stefano As VP Of Compensation And Benefits 194
Apr 21, 2009: PSEG To Seek New Jersey Nuclear License Renewals 195
Apr 12, 2009: PSEG Nuclear Shuts Its Hope Creek Nuclear Power Plant 195
Mar 31, 2009: PSEG’s 1,174 MW Unit 1 At Salem Nuclear Power Station Increases Up To 83% Power 195
Mar 30, 2009: PSEG’s 1,174 MW Unit 1 At Salem Nuclear Power Station Returns Online And Increases Up To 49% Power 195
Mar 17, 2009: Public Service Enterprise Appoints EVP And CFO 196
Mar 17, 2009: PSEG Starts Relicensing Process For Three Nuclear Plants In New Jersey 196
Feb 24, 2009: Hartz Mountain Installs 412 kW Solar Panels At Its Meadowlands Exposition Center 196
Feb 19, 2009: Public Service Enterprise Elects New Board Member 196
Nov 17, 2008: PSEG’s 1,174 MW Unit 1 At Salem Nuclear Power Station Increases Up To 96% Power 197
Nov 14, 2008: PSEG’s 1,174 MW Unit 1 At Salem Nuclear Power Station Increases Up To 48% 197
Nov 13, 2008: PSEG’s 1,174 MW Unit 1 At Salem Nuclear Power Station Exits Refueling Outage 197
Nov 10, 2008: PSEG’s 1,174 MW Unit 1 In Shut Down Mode At Salem Nuclear Power Station 198
Oct 20, 2008: PSEG’s Unit 2 Reactor Returns To Full Power At Salem Nuclear Power Station, New Jersey 198
Oct 16, 2008: PSEG’s Unit 2 Reactor At Salem Nuclear Power Station Reduces To 65% 198
Oct 15, 2008: PSEG Shuts Its Unit 1 At Salem Nuclear Power Station In New Jersey 199
Oct 03, 2008: PSEG Appoints President And Chief Nuclear Officer Of PSEG Nuclear 199
Aug 05, 2008: PSEG Announces Route For New Regional Power Line 199
Jul 07, 2008: PSE&G Files For Increase In Transmission Rates 200
Jul 02, 2008: PSEG Announces Management Changes 200
Jun 23, 2008: PSE&G Proposes $45.9 Million Program To Help Customers Conserve Energy And Cut Carbon Emissions 201
Jun 18, 2008: PSEG Appoints President, Energy Resources & Trade 203
Jun 05, 2008: PSEG Proposes Routes For New Power Line To Assure Electric System Reliability 203
May 09, 2008: PSEG Elects New Board Member 204
Apr 16, 2008: PSEG Plans To Invest $400 Million In Renewable Energy Projects 204
Sep 25, 2006: PSEG Announces Management Change 205
Jan 16, 2018: Rolls-Royce to provide nuclear digital analytics service for PSEG 205
Dec 15, 2015: PSEG Selects Unify for State-of-the-Art Energy Trading Communication 206
Dec 15, 2011: LIPA Selects PSEG Long Island To Manage Electric Transmission And Distribution System 206
Dec 08, 2010: Hayward Tyler Wins $5 Million Nuclear Orders In North America 207
Sep 01, 2010: Noveda To Provide Monitoring And Hosting Services For PSEG’s Solar Programs 207
Oct 27, 2009: Riggs Distler Wins Three Contracts Totaling Over $100 Million 208
Oct 12, 2009: PSE&G To Accept Proposals For Solar 4 All Program’s Third-Party-Owned Segment 208
Aug 29, 2008: PSEG Fossil Enters Contract With DPUC To Add 130 MW Of Generation At New Haven, CT station 209
Appendix 210
Report Scope 210
GlobalData Coverage 210
Benchmarking 210
GlobalData’s Methodology 210
Secondary Research 210
Primary Research 211
Contact Us 211
Disclaimer 211

List of Tables
Public Service Enterprise Group Inc, Key Facts 10
Public Service Enterprise Group Inc, Operational Metrics, Capacity 11
Public Service Enterprise Group Inc, Operational Metrics, Customers 11
Public Service Enterprise Group Inc, Operational Metrics, Sales 11
Public Service Enterprise Group Inc, Wind Farms, United States 12
Public Service Enterprise Group Inc, Solar PV Parks, United States 13
Public Service Enterprise Group Inc, Hydro Power Plants, United States 20
Public Service Enterprise Group Inc, Biopower Plants, United States 21
Public Service Enterprise Group Inc, Thermal Power Plants, United States 22
Public Service Enterprise Group Inc, Commercial Reactors, United States 25
Major Products and Services 27
Public Service Enterprise Group Inc, SWOT Analysis 34
Public Service Enterprise Group Inc, Ratios based on current share price 37
Public Service Enterprise Group Inc, Annual Ratios 37
Public Service Enterprise Group Inc, Interim Ratios 39
Public Service Enterprise Group Inc, Key Employees 40
Public Service Enterprise Group Inc, Subsidiaries 43
Public Service Enterprise Group Inc, Deals Summary 44
PSEG Power Acquires Keys Energy Center Gas Fired Power Plant in Maryland, US from Genesis Power and EIF United States Power Fund 45
PSEG Power to Invest up to USD875 Million in Keys Energy Center Gas Fired Power Plant in Maryland, US 46
Public Service Electric and Gas Raises USD325 Million in Public Offering of 3.65% Notes Due 2028 47
Public Service Electric and Gas Raises USD325 Million in Public Offering of 3.25% Notes Due 2023 49
PSEG Power Raises USD700 Million in Public Offering of 3.85% Notes Due 2023 51
PSEG Power Raises USD500 Million in Public Offering of 8.625% Bonds Due 2031 53
Public Service Electric and Gas Raises USD250 Million in Public Offering of 1.8% Notes Due 2019 54
Public Service Electric and Gas Raises USD250 Million in Public Offering of 4% Notes Due 2044 56
Public Service Electric Completes Public Offering Of 2.3% Notes Due 2018 For US$350 Million 58
Public Service Electric Completes Public Offering Of 3.75% Notes Due 2024 For US$250 Million 59
Public Service Electric and Gas Completes Public Offering Of 3.65% Notes Due 2042 For US$350 Million 60
Public Service Electric Completes Public Offering Of 3.95% Notes Due 2042 For US$450 Million 62