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.
Capacity Revenues
Approximately $1,067 million in capacity revenues were generated for the 2027/2028 planning year.
Power Infrastructure
Talen Energy owns and operates approximately 13.2 gigawatts of power infrastructure in the United States.
Market Presence
The company's generation fleet is located in the Mid-Atlantic, Ohio, and Montana regions.
- Talen Energy's successful clearance in the auction signifies a strong market position and revenue generation for the upcoming planning year.
- The company's dedication to reliable power generation and commitment to the digital infrastructure revolution bode well for future growth and sustainability.
Talen Energy Corporation's results from the PJM Base Residual Auction demonstrate its ability to secure significant capacity revenues and maintain a robust market presence. The company's focus on generating power safely and reliably positions it well for future opportunities in the energy sector.