Who are PSEG & PJM?

Who is PSEG?

Public Service Enterprise Group is a diversified energy company based in Newark, New Jersey.

For 120 years and counting, we have rolled up our sleeves to tackle any challenge. We work hard to keep the lights on, homes warm, and businesses bright so our customers can live and work safely and comfortably. PSEG has a vision of a future where people use less energy, and it’s cleaner, safer and delivered more reliably than ever.

PSEG has a successful history of completing large, cost-effective transmission projects that provide reliable electricity. 500kV transmission is the backbone of the electric grid that provides energy to homes and businesses.

PSEG has an extensive transmission team that is made up of transmission planners, engineers, permitting and environmental specialists, real estate professionals, outreach professionals and more. The team works together to design and execute transmission projects, while being socially responsible to the communities in which they are built and maintained. PSEG is now bringing its expertise and experience to Maryland with MPRP.

Learn more about PSEG by clicking here.


Who is PJM?

PJM Interconnection is a Regional Transmission Organization (RTO) that coordinates the movement of wholesale electricity in all or parts of 13 states, including Maryland, and the District of Columbia. PJM, one of many RTOs throughout the United States, is an independent organization authorized by the Federal Energy Regulatory Commission. One of PJM’s primary jobs is to ensure that the electric grid remains safe, reliable and secure.

Planning for the future needs of the regional electric system is an integral part of PJM’s role. PJM regularly identifies what upgrades to the regional transmission grid are needed to ensure reliability, or the uninterrupted flow of electricity at all times.

When needs are identified, PJM opens a competitive process to find regulated transmission solutions and selects a utility to build that solution. The award of MPRP to PSEG is one of several solutions that PJM has identified to help ensure long-term reliability in Maryland.

To learn more about PJM’s role in regional planning and these solutions, please click here.

This webpage contains forward-looking information. Actual results may differ from those anticipated. Information describing the significant factors that could cause results to differ from those anticipated are described in Public Service Enterprise Group’s filings with the SEC, which are available on our website https://investor.pseg.com.


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