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Financial Risk Management Activities (Tables)
 12 Months Ended
Dec. 31, 2022
Disclosure Financial Risk Management Activities [Abstract]  
Schedule Of Derivative Instruments Fair Value In Balance Sheets
 As of December 31, 2022
PSEGPSEG PowerConsolidated
 Cash Flow
Hedges		Not Designated  
Balance Sheet LocationInterest
Rate
Swaps		Energy-
Related
Contracts
Netting
(A)
Total
PSEG
Power		Total
Derivatives
 Millions
Derivative Contracts
Current Assets$4 $1,721 $(1,707)$14 $18 
Noncurrent Assets— 629 (614)15 15 
Total Mark-to-Market Derivative Assets$4 $2,350 $(2,321)$29 $33 
Derivative Contracts
Current Liabilities$— $(2,447)$2,323 $(124)$(124)
Noncurrent Liabilities(3)(1,139)1,109 (30)(33)
Total Mark-to-Market Derivative (Liabilities)$(3)$(3,586)$3,432 $(154)$(157)
Total Net Mark-to-Market Derivative Assets (Liabilities)$1 $(1,236)$1,111 $(125)$(124)
 As of December 31, 2021
PSEG PowerConsolidated
 Not Designated  
Balance Sheet LocationEnergy-
Related
Contracts		Netting
(A)		Total
Derivatives
 Millions
Derivative Contracts
Current Assets$816 $(744)$72 
Noncurrent Assets546 (518)28 
Total Mark-to-Market Derivative Assets$1,362 $(1,262)$100 
Derivative Contracts
Current Liabilities$(1,055)$1,038 $(17)
Noncurrent Liabilities(856)839 (17)
Total Mark-to-Market Derivative (Liabilities)$(1,911)$1,877 $(34)
Total Net Mark-to-Market Derivative Assets (Liabilities)$(549)$615 $66 
(A)    Represents the netting of fair value balances with the same counterparty (where the right of offset exists) and the application of cash collateral. All cash collateral (received) posted that has been allocated to derivative positions, where the right of offset exists, has been offset on the Consolidated Balance Sheets. As of December 31, 2022 and 2021, PSEG Power had net cash collateral payments to counterparties of $1,521 million and $844 million, respectively. Of these net cash collateral (receipts) payments, $1,111 million as of December 31, 2022 and $615 million as of December 31, 2021 were netted against the corresponding net derivative contract positions. Of the $1,111 million as of December 31, 2022, $616 million was netted against current liabilities and $495 million was netted against noncurrent liabilities. Of the $615 million as of December 31, 2021, $(30) million was netted against current assets, $(13) million was netted against non-current assets, $323 million was netted against current liabilities and $335 million was netted against noncurrent liabilities.
Schedule Of Derivative Instruments Designated As Cash Flow Hedges
The following shows the effect on the Consolidated Statements of Operations and on Accumulated Other Comprehensive Loss (AOCL) of derivative instruments designated as cash flow hedges for the years ended December 31, 2022, 2021 and 2020.
Amount of Pre-Tax
Gain (Loss)
Recognized in AOCL on Derivatives		Location of
Pre-Tax
Gain (Loss)
Reclassified from
AOCL into Income		Amount of Pre-Tax
Gain (Loss)
Reclassified from
AOCL into Income
Derivatives in Cash Flow Hedging RelationshipsYears Ended
December 31,		Years Ended
December 31,
 202220212020202220212020
 MillionsMillions
Interest Rate Swaps $— $— $(6)Interest Expense$(5)$(4)$(14)
Total$— $— $(6)$(5)$(4)$(14)
Schedule Of Reconciliation For Derivative Activity Included In Accumulated Other Comprehensive Loss
The following reconciles the Accumulated Other Comprehensive Income (Loss) for derivative activity included in the AOCL of PSEG on a pre-tax and after-tax basis.
Accumulated Other Comprehensive Income (Loss)Pre-TaxAfter-Tax
 Millions
Balance as of December 31, 2020$(13)$(9)
Loss Recognized in AOCI— — 
Less: Loss Reclassified into Income4 3 
Balance as of December 31, 2021$(9)$(6)
Loss Recognized in AOCI— — 
Less: Loss Reclassified into Income5 3 
Balance as of December 31, 2022$(4)$(3)
Schedule Of Derivative Instruments Not Designated As Hedging Instruments And Impact On Results Of Operations The following shows the effect on the Consolidated Statements of Operations of derivative instruments not designated as hedging instruments or as NPNS for the years ended December 31, 2022, 2021 and 2020. PSEG Power’s derivative contracts reflected in this table include contracts to hedge the purchase and sale of electricity and natural gas, and the purchase of fuel. The table does not include contracts that PSEG Power has designated as NPNS, such as its BGS contracts and certain other energy supply contracts that it has with other utilities and companies with retail load.
Derivatives Not Designated as HedgesLocation of Pre-Tax
Gain (Loss)
Recognized in Income
on Derivatives		Pre-Tax Gain (Loss)
Recognized in Income
on Derivatives
  Years Ended December 31,
  202220212020
  Millions
Energy-Related ContractsOperating Revenues$(1,748)$(993)$279 
Energy-Related ContractsEnergy Costs2 126 (142)
Total $(1,746)$(867)$137 
Schedule Of Gross Volume, On Absolute Value Basis For Derivative Contracts
The following table summarizes the net notional volume purchases/(sales) of open derivative transactions by commodity as of December 31, 2022 and 2021.
As of December 31,
TypeNotional20222021
Millions
Natural GasDekatherm (Dth)49 47
ElectricityMWh(60)(76)
Financial Transmission Rights (FTRs)MWh24 27
Interest Rate SwapsU.S. Dollars1,050 —