Talen Energy Corporation reported its results from the PJM Base Residual Auction for the 2027/2028 planning year.
The company cleared a total of 8,745 megawatts at a clearing price of $333.44 per megawatt-day.
This equated to approximately $1,067 million in capacity revenues for the 2027/2028 planning year.
Total Cleared Capacity
8,745 megawatts cleared at $333.44 per megawatt-day.
Revenue Generation
Approximately $1,067 million in capacity revenues for the planning year.
Company Focus
Talen Energy is dedicated to powering the future with its power infrastructure and commitment to reliability.
- The successful clearance of 8,745 megawatts at a competitive price highlights Talen Energy's strong position in the power market.
- The generated revenue of $1,067 million signifies a significant contribution to the company's financial performance.
Talen Energy's successful results in the PJM Auction showcase its strategic positioning in the power market and its commitment to delivering value. The company's focus on reliability and revenue generation sets a positive trajectory for its future growth and performance.