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Talen Energy PJM Capacity Auction 2028/2029

One of 10,000+ projects Taiyo tracks in United States.

Source: AOL

Project
Awarded

Talen Energy secured about $1.2 billion in revenue by clearing 10,180 megawatts at $325 per megawatt-day in PJM's Base Residual Auction for the 2028/2029 planning year. This revenue guarantees payment for capacity from June 1, 2028, through May 31, 2029, supporting AI data center power demand growth. The company expanded its capacity by acquiring additional power plants, including Freedom and Guer

Status
Closed
Sector
Power Generation (CCGT), Data Center
Location
United States of America
Updated
22 Jul 2026
Source
AOL

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The project “Talen Energy PJM Capacity Auction 2028/2029” is an infrastructure initiative in the Power Generation (CCGT) sector, located in United States. Taiyo aggregates data on it from AOL.

Participants

Not available for this record.

Status

Original status

awarded

Taiyo status

Closed

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

Talen Energy secured about $1.2 billion in revenue by clearing 10,180 megawatts at $325 per megawatt-day in PJM's Base Residual Auction for the 2028/2029 planning year. This revenue guarantees payment for capacity from June 1, 2028, through May 31, 2029, supporting AI data center power demand growth. The company expanded its capacity by acquiring additional power plants, including Freedom and Guernsey gas plants and three more from Energy Capital Partners.

Original sector

Energy

Budget

Location

Country

United States of America (USA)

Source

Source

AOL

URL

More Details

Record type

Project

Sector

Power Generation (CCGT), Data Center

Article published date

2026-07-20

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