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.”
About the Author
Jim Lucy Blog
Chief Editor
Jim Lucy has been wandering through the electrical market for more than 30 years, most of the time as an editor for Electrical Wholesaling, Electrical Marketing newsletter and CEE News. During that time he and the editorial team for the publications have won numerous national awards for their coverage of the electrical business. He showed an early interest in electricity, when as a youth he had an idea for a hot dog cooker. Unfortunately, the first crude prototype malfunctioned and the arc nearly blew him out of his parents' basement. Before becoming an editor for Electrical Wholesaling magazine and Electrical Marketing, he earned a BA degree in journalism and a MA in communications from Glassboro State College, Glassboro, NJ., which is formerly best known as the site of the 1967 summit meeting between President Lyndon Johnson and Russian Premier Aleksei Nikolayevich Kosygin, and now best known as the New Jersey state college that changed its name in 1992 to Rowan University because of a generous $100 million donation by N.J. zillionaire industrialist Henry Rowan. Jim is a Brooklyn-born Jersey Guy happily transplanted in the fertile plains of Kansas for the past 20 years.