N.J.'s Public Service Group announces plan for $3.9 billion in grid improvements over next 10 years

Interesting article in today's Wall Street Journal about a plan by New Jersey’s Public Service Enterprise Group, which operates the region’s PSE&G to invest $3.9 billion over the next 10 years to upgrade and stormproof its power infrastructure. Ralph Izzo, the company’s chairman and chief executivesays in the Wall Street Journal article,  "Sandy was a defining event for all of us. The state’s entire energy infrastructure needs to be rethought in light of weather conditions that many predict will continue to occur.”

 

TAGS: Utility
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