Exhibit 23.2

Independent auditors' consent

      We  consent  to  the  incorporation  by  reference  in  this  Registration
Statement of PSEG Energy Holdings Inc. on Form S-4 of our report dated March 23,
2001,  appearing in the Annual Report on Form 10-K of PSEG Energy  Holdings Inc.
for the year ended  December  31,  2000,  and to the  reference  to us under the
heading  "Experts"  in the  Prospectus,  which  is  part  of  this  Registration
Statement.

Deloitte & Touche LLP
Parsippany, New Jersey
September 7, 2001