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 across the PJM Interconnection Regional Transmission Organization.
This equated to approximately $1,067 million in capacity revenues for the 2027/2028 planning year.
Capacity Revenues
Talen Energy cleared a total of 8,745 megawatts, generating approximately $1,067 million in capacity revenues for the 2027/2028 planning year.
Power Generation Portfolio
With approximately 13.2 gigawatts of power infrastructure, Talen Energy operates in the Mid-Atlantic, Ohio, and Montana regions, providing electricity, capacity, and ancillary services.
Commitment to Safety and Reliability
Talen Energy's team is dedicated to generating power safely and reliably, ensuring the highest value per megawatt produced.
- Talen Energy's success in clearing 8,745 megawatts at a favorable price reflects its strong position in the power generation market.
- The company's significant capacity revenues for the 2027/2028 planning year indicate a promising outlook for its operations.
The results of the PJM Base Residual Auction demonstrate Talen Energy Corporation's prowess in the power generation sector and its ability to secure substantial capacity revenues for the upcoming planning year.