Announced last year, the Public Service Enterprise Group (PSEG) is nearing the shutdown date for two coal-fired facilities with a total of 1.2 GW of capacity, with plans to replace it with natural gas.
The Philadelphia Daily News reports the plants are closing because they could not compete with cheaper natural gas, and are closing just six years after PSEG Power sunk $1 billion into upgrades and scrubbers
The Mercer and the Hudson generation stations began operating in the 1960s, and they have a combined 200 employees. PSEG has said it intends to retain all of them.
