1. Talen cleared 8,745 MW in PJM auction at $333.44/MW-day. 2. Capacity revenues are projected at $1,067 million for 2027/2028. 3. Talen holds 13.2 GW of power infrastructure, including nuclear and fossil. 4. Talen positioned for AI data center demand due to reliable power needs. 5. Forward-looking statements indicate risks in future performance.
FAQ
Why Bullish?
The significant revenue from the auction enhances TLN’s financial outlook. In previous auctions, similar results have positively impacted stock prices for energy firms.
How important is it?
The auction results signal strong future earnings and market position, likely to influence investor sentiment.
Why Long Term?
Capacity revenues contribute to growth over the 2027/2028 planning year, positively influencing long-term forecasts similar to past capacity auctions.
Talen Energy Reports Strong Results from PJM Auction for 2027/2028 Planning Year
HOUSTON, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Talen Energy Corporation (“Talen,” “we,” or “our”) (NASDAQ: TLN), a prominent independent power producer, announced significant results from the PJM Base Residual Auction, specifically for the 2027/2028 planning year. Talen successfully cleared a total of 8,745 megawatts at a clearing price of $333.44 per megawatt-day. This achievement translates into approximately $1,067 million in capacity revenues for the upcoming planning year, which spans from June 1, 2027, to May 31, 2028.
Details of Auction Results
Talen Energy's strong performance in the PJM auction highlights the company's robust position within the energy market. The clearing of 8,745 megawatts signifies a firm demand for Talen's energy capabilities, reinforcing its role as a significant player in the PJM Interconnection Regional Transmission Organization.
- Cleared Capacity: 8,745 megawatts
- Clearing Price: $333.44 per megawatt-day
- Total Revenue: Approximately $1,067 million for the 2027/2028 planning year
- Planning Year: June 1, 2027, to May 31, 2028
About Talen Energy
Talen Energy (NASDAQ: TLN) is committed to powering the future as a leading independent power producer and energy infrastructure company. With approximately 13.2 gigawatts of power infrastructure in the United States—comprising 2.2 gigawatts of nuclear power and a significant dispatchable fossil fleet—Talen fully engages in the production and sale of electricity, capacity, and ancillary services in wholesale U.S. power markets. Their operational footprint spans the Mid-Atlantic region, Ohio, and Montana.
As the energy landscape evolves, Talen is strategically positioned to meet the increasing demand from sectors like artificial intelligence data centers that require reliable and clean power sources.
Contact Information
If you have any inquiries, please reach out to:
- Investor Relations: Sergio Castro, Vice President & Treasurer, InvestorRelations@talenenergy.com
- Media: Taryne Williams, Director of Corporate Communications, Taryne.Williams@talenenergy.com
Forward-Looking Statements
This press release contains forward-looking statements under federal securities laws, subject to significant risks and uncertainties. Forward-looking statements are identified by terms such as “anticipate,” “expect,” “plan,” or similar expressions and address future events impacting Talen’s business, including its operational performance, liquidity, and strategic initiatives.
Investors are cautioned that actual results may differ materially from these forward-looking statements due to various factors. Talen Energy encourages careful consideration of the uncertainties that may impact its operational and financial performance.