PSEG
PEG
Public Service Enterprise Group (NYSE: PEG), via PSEG Power, operates 3.4 GW of nuclear capacity at Salem and Hope Creek plants.
PSEG Nuclear manages two PWRs at Salem (2.3 GW) and one at Hope Creek (1.1 GW) in New Jersey, serving PJM markets. It has pursued license renewals to 2056 and explores SMR co-location. The fleet achieves capacity factors above 90%.
Why it matters now
PSEG's Northeast nuclear fleet supports 2025-2026 reliability as gas retires, with potential for data center PPAs in high-demand regions.