Public Service Enterprise Group Inc (PEG): Price Now Near $61 43; Daily Chart Shows Downtrend on 50 Day Basis etfdailynews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from etfdailynews.com Daily Mail and Mail on Sunday newspapers.
WASHINGTON (dpa-AFX) - Public Service Enterprise Group Inc (PEG) reported a profit for its first quarter that climbed from last year.The company's earnings totaled $648 million, or $1.28 per share.
The New Jersey Board of Public Utilities has unanimously voted to extend the zero emission certificates for the Hope Creek and Salem nuclear power plants for an additional three years.
28 April 2021
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The New Jersey Board of Public Utilities (BPU) has unanimously voted to extend the zero emission certificates (ZECs) for the Hope Creek and Salem nuclear power plants for an additional three years.
Hope Creek and Salem (Image: Peretz Partensky)
Public Service Enterprise Group Inc s (PSEG) three units - two at Salem and the single-unit Hope Creek plant - were awarded ZECs in 2019 under New Jersey s
Zero Emissions Certificate Law, enacted the previous year. The law enables the state to recognise and compensate eligible nuclear power plants for their zero-carbon attributes and contribution to fuel diversity.
The USD300 million-worth of certificates will ensure that the plants, which supply over 90% of New Jersey s in-state carbon-free generation and 37.5% of its overall in-state energy supply, will remain operational, the BPU said. Stakeholder input and a wide array of market forces were considered in reaching the decision, it added. These included the role
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Public Service Enterprise Group Inc (PEG): Price Now Near $60.73; Daily Chart Shows An Uptrend on 20 Day Basis
At the time of this writing, PEG (
Get Ratings)’s price is down $-0.01 (-0.02%) from the hour prior. PEG has seen its price go
up 4 out of the past 5 hours, thus creating some compelling opportunities for bulls. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bullishness in price, as the 20, 50, 100 and 200 are all in a bullish alignment meaning the shorter durations are above the longer duration averages, implying a sound upward trend.