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New Jersey will need nuclear at least until 2050, may extend ZEC cycle: PSEG CEO - Climate Impact Capital New Jersey will need nuclear at least until 2050, may extend ZEC cycle: PSEG CEO - Climate Impact Capital

New Jersey will need nuclear at least until 2050, may extend ZEC cycle: PSEG CEO

The utility is focused on clean energy investments after completing the sale of almost 7 GW of fossil generation. CEO Ralph Izzo expects the process of subsidizing PSEG’s nuclear plants will be lengthened beyond the 3-year cycle.

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