>PSEG Power to shut down Hudson I plant
The state is getting its wish: PSEG Power’s Hudson I plant will close, a step that could save ratepayers millions of dollars that otherwise would be needed to keep the aging facility in service to maintain the reliability of the regional power grid.
PJM Interconnection, the independent operator of the regional grid, this week told PSEG Power it could retire the plant, a step the power supplier has been advocating for the past several years. The decision marked a reversal for PJM, which repeatedly argued the unit is needed to keep the lights on, especially given delays in building a controversial transmission project through the heart of the New Jersey Highlands. (Johnson, NJ Spotlight)