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Under the leadership of Frank Cassidy, PSEG Power generates and trades energy domestically, contributing to the pool of power supplied to customers in the US. The organization consists of three subsidiaries: PSEG Fossil, PSEG Nuclear and PSEG Energy Resources and Trade.
"Our mix of nuclear, load-following and peaking fossil assets, coupled with our trading and risk management capability, offer PSEG Power many promising growth opportunities that will benefit our customers, shareholders and employees."
Frank Cassidy became president and chief operating officer of PSEG Power LLC, on June 15, 1999. Prior to his appointment to PSEG Power, Mr. Cassidy was president and chief executive officer of PSEG Energy Technologies, effective January 1, 1997. He had been senior vice president - fossil generation of Public Service Electric and Gas Company (PSE&G) since February 1995, and vice president - transmission systems since November 1989.
Mr. Cassidy joined PSE&G in 1969 and has held various posts of increasing responsibility. He served as general manager - corporate performance and then as general manager - transmission before his election as a vice president. He has served as PSE&G's representative on the Pennsylvania-New Jersey-Maryland Interconnection's Management Committee and Mid-Atlantic Area Council. He has testified frequently before the New Jersey Board of Public Utilities, the Federal Energy Regulatory Commission and the United States Senate.
Mr. Cassidy graduated from the New Jersey Institute of Technology with a bachelor's degree in electrical engineering, and holds a Master of Business Administration degree from Rutgers University. In 1988 he completed the Harvard Graduate School of Business Administration's Program for Management Development.
Mr. Cassidy serves on the United States Environmental Protection Agency's Clean Air Act Advisory Committee; and on the boards of the Northeast Center for A Clear Air Future, the Association of Edison Illuminating Companies, and the Electric Power Supply Association. | 