other material
confidence high
sentiment positive
materiality 0.80
Talen clears 10,180 MW in PJM 2028/2029 auction at $325/MW-day; ~$1.2B capacity revenue
Talen Energy Corp
- Cleared 10,180 MW in PJM Base Residual Auction for 2028/2029 planning year.
- Clearing price of $325 per MW-day yields ~$1,208 million in capacity revenues.
- Planning year runs June 1, 2028 through May 31, 2029.
- Results reflect Talen's position as a leading independent power producer in PJM.