Strong Significant 2011 $605 mil. 2012 $666 mil. 2013 $300 mil. 2014 $250 mil. 2015 $300 mil. A regulatory mechanism that provides reasonable opportunity for current recovery of, and return on, capital; Strong basic generation service auction results for the past five years; Robust capacity pricing in the Eastern Mid-Atlantic Area Council/PSEG North zone, despite weakness elsewhere in the pool; and Large portion of expected gross margin under contract through 2011. Weakened supply fundamentals due to significant development of shale natural gas and still-weak economic conditions; A New Jersey senate proposal to subsidize 2,000 megawatts of generation, which could affect capacity markets in Eastern Mid-Atlantic Area Council region from 2015; A likely rise in nuclear costs as regulators toughen safety
