Public Service Enterprise Group Inc

Common Name
PSEG
Country
United States
Sector
Utilities
Industry
Utilities - Regulated Electric
Employees
13,047
Ticker
PEG
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Public Service Enterprise Group Incorporated, commonly referred to as PSEG, is a diversified energy company based in the United States. Its primary function is to generate and supply electricity and g...

PSEG Energy Data Preview

In 2023, PSEG disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

PSEG also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, PSEG also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, PSEG also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate PSEG's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Energy Sold
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Electricity Consumed
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This table provides a simplified preview of selected energy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into PSEG's Energy Renewability

In 2023, PSEG consumed a total of 372,114 Gigajoules of energy across its operations. Of this total, 2.99% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 97.01% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

PSEG's Energy Renewability Rate

3%

How much of PSEG's energy consumed is renewable?

In 2023, PSEG consumed a total of 372,114 Gigajoules of energy, of which 2.99% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that PSEG has considerable room to improve its energy sustainability strategy.

Insights into PSEG's Energy Consumption & Production Mix

In 2023, PSEG disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the PSEG's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

PSEG's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(49.1%)Other Gaseous Fuel(44.0%)Steam(Unspecified Source)(7.0%)

What are the main sources and generation technologies behind PSEG's energy consumption?

In 2023, PSEG's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (49.08%)
  • Other Gaseous Fuel (43.96%)
  • Steam (Unspecified Source) (6.96%)

How diverse is PSEG’s energy consumption mix?

In 2023, PSEG consumed energy from 3 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

What are the main sources or generation technologies used by PSEG to produce energy?

In 2023, PSEG's energy production came primarily from

  • Nuclear Energy (99.43%)
  • Solar Energy (0.57%)

How diverse is PSEG’s energy production mix?

In 2023, PSEG produced energy using 2 different sources or generation technologies. The energy production mix is highly concentrated, with Nuclear Energy alone making up 99.43% of total output.

PSEG's Energy Produced by Sources and Technologies

Nuclear Energy(99.4%)

Insights into PSEG's Energy Inflows & Self-Sufficiency

In 2023, PSEG reported total energy inflows of 205 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 90.59 million Gigajoules purchased from external suppliers and 114.41 million Gigajoules generated through internal production. This corresponds to a production share of 55.81%.

PSEG's Energy Purchased vs Produced Over Time

2023055 M110 M165 M220 MGigajoules (GJ)56%44%
  • Total Energy Produced
  • Total Energy Purchased
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