Talen Reports PJM Auction Results for 2025/2026 Planning Year
Talen Energy Corporation (TLN)
Company Research
Source: GlobeNewswire
HOUSTON, July 30, 2024 (GLOBE NEWSWIRE) -- Talen Energy Corporation ("Talen") (NASDAQ: TLN) today reported its results from the PJM Base Residual Auction for the 2025/2026 planning year. Talen cleared a total of 6,820 megawatts at a clearing price of $269.92 per megawatt-day across the MAAC, PPL and PSEG Locational Deliverability Areas, equating to approximately $670 million in capacity revenues for the 2025/2026 planning year. The planning year runs from June 1, 2025 through May 31, 2026. About TalenTalen Energy (NASDAQ: TLN) is a leading independent power producer and energy infrastructure company dedicated to powering the future. We own and operate approximately 10.7 gigawatts of power infrastructure in the United States, including 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet. We produce and sell electricity, capacity, and ancillary services into wholesale U.S. power markets, with our generation fleet principally located in the Mid-Atlantic and Mont
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TLN
Sec Filings
- 9/5/24 - Form 8-K
- 7/12/24 - Form 4
- TLN's page on the SEC website