Despite state officials’ worries, NJ approves bailout for PSEG nuclear plants

Despite state officials’ worries, NJ approves bailout for PSEG nuclear plants

The New Jersey Board of Public Utilities approved PSEG’s bid for a second round of $300 million in annual subsidies, which it argued is vital to keep its nuclear plants open, in spite of personal reservations and skepticism from several of the state’s commissioners.

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