PSEG Nuclear LLC

Hancocks Bridge, New Jersey, USA
Active
PWR

Company overview

Founded
1986
Total funding
Subsidiary of Public Service Enterprise Group (NYSE: PEG)
Technology
PWR — Pressurised Water Reactor

About

PSEG Nuclear operates New Jersey's three nuclear reactors: Hope Creek (BWR, 1,174 MWe) and Salem Units 1 and 2 (PWR, approximately 1,174 MWe each) — all on Artificial Island in Lower Alloways Creek Township, Salem County. Combined, they provide 40% of New Jersey's electricity and 80% of its carbon-free energy. PSEG notified the NRC of intent to seek subsequent licence renewals in 2025 with formal applications planned for Q2 2027. New Jersey Governor Sherrill lifted the nuclear moratorium in April 2026 — signed at the Hope Creek plant with PSEG executives present.

Key investors

PSEG shareholders

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