Talen Energy Corporation (TLN) announced its results from the PJM Base Residual Auction for the 2028/2029 planning year, securing approximately $1.208 billion in future capacity revenues.
Key Details
- Cleared Capacity: A total of 10,180 megawatts.
- Clearing Price & Revenue: The capacity cleared at a price of $325 per megawatt-day, equating to approximately $1.208 billion in capacity revenues.
- Planning Year: The revenue applies to the planning year running from June 1, 2028, through May 31, 2029.