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Stock impact report

Baltimore County votes to condemn the controversial transmission line project [CBS News]

Public Service Enterprise Group Incorporated (PEG) 
Last public service enterprise group incorporated earnings: 2/26 07:30 am Check Earnings Report
US:NYSE Investor Relations: investor.pseg.com
Company Research Source: CBS News
The resolution raised does not challenge the proposal from moving forward but the vote weaves another layer of resistance against it. Chairman Izzy Patoka told WJZ that pushback on the proposal does not end there. "Be vigilant and reach out to the Public Service Commission," Patoka said. "Share your opposition to this alignment and stay with it the whole way. Don't give up." Proposed route Public Service Enterprise Group, which is in charge of the project, recently unveiled the proposed route Taking into account some 5,300 public comments, PSEG said it adjusted the alignment of the 70-mile, 500,000-watt transmission line through parts of Baltimore, Carroll and Frederick counties. Project Director Jason Kalwa said there is a growing demand for electricity and help to alleviate the growing strain on the region's power grid. "It's to enhance grid reliance for Maryland and the wider region," Kalwa said. Finding alternatives Patoka said the transmission line project could be Show less Read more
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