PSEG encourages Governor-elect Sherrill to prioritize in-state power generation [NorthJersey.com]

In an op-ed published in NorthJersey.com, PSEG CEO Ralph LaRossa urges Gov.-elect Mikie Sherrill to prioritize New Jersey energy policy by addressing rising utility costs, reliability risks, and a growing supply shortfall. 

LaRossa argues that demand is increasing because of population growth and electrification while generation is shrinking, leaving New Jersey importing 40–50% of its power and facing a possible shortfall of up to 6,000 MW by 2030. 

LaRossa says recent electricity price spikes reflect that imbalance and notes state law currently prevents regulated utilities from building or owning generation. It recommends an all-of-the-above strategy: create a New Jersey Power Plan (an integrated resource plan), immediately procure in-state generation (solar, storage, modernized gas, new nuclear), pursue PJM reforms to better incentivize long-term capacity, and expand efficiency, demand response, and customer bill-assistance programs. 

Read the full Op-Ed on NorthJersey.com: https://www.northjersey.com/story/opinion/2025/11/06/mikie-sherrill-nj-first-energy-policy-opinion/87107973007/