Overview

• PSEG Nuclear LLC seeks federal approval to extend the licenses of its three New Jersey nuclear power plants for an additional 20 years.
• The nuclear plants provide nearly half of New Jersey's electricity, highlighting their importance in the state's energy mix.
• The license extension is part of New Jersey's broader strategy to become a leader in offshore wind energy on the East Coast.
• Federal and state incentives, including a $300 million subsidy and a nuclear production tax credit, support the extension as part of clean energy initiatives.
• Bipartisan support from New Jersey lawmakers underscores the role of nuclear power in ensuring energy reliability and diversity.