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South Jersey Industries is an energy services holding company for a natural gas utility and other, non-regulated companies. It is based in New Jersey. The company was publicly traded on the New York Stock Exchange until 2023. [1] The company was taken private by the Infrastructure Investments Fund of J.P. Morgan & Co. [2]
In 2022, New Jersey had a total summer capacity of 16,712 MW through all of its power plants, and a net generation of 65,060 GWh. [2] In 2023, the electrical energy generation mix was 51.4% natural gas, 44.1% nuclear, 2.5% solar, 1.1% biomass, 0.1% petroleum, 0.3% other gases, and 0.9% other.
The Public Service Electric and Gas Company, commonly referred to as PSE&G, is the primary subsidiary of the Public Service Enterprise Group (PSEG) and was established in 1928. The Public Service Corporation was formed in 1903 by combining more than 400 gas, electric and transportation companies in New Jersey. In 1928, the corporation merged ...
Not only have our clueless politicians outlawed gas vehicles by the 2030s, even though most older homes without garages have no way to recharge electric vehicles and they don't work in cold ...
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A year later, Atlantic City Electric built Unit 1, a 129 megawatt (MW) coal-powered plant in the Beesley's Point section of Upper Township, New Jersey. [5] [6] This makes it the oldest coal plant in the state. [7] Two years later, the power company built an additional 156 MW coal-burning unit. Both facilities utilized cyclone furnaces to ...