Constellation Energy 8-K

Positive

All PJM plants cleared the 2028–2029 capacity auction; nuclear capacity revenues count toward Production Tax Credit gross receipts.

Filed 2026-07-14 17:23 ET

Summary

PJM capacity auction results for the 2028–2029 planning year. All Constellation power plants in PJM cleared; the results take effect 6/1/2028. Capacity revenues from nuclear units are included in the gross receipts calculation for the Production Tax Credit.

Key Figures

  • Cleared capacity: 18,875 MW total—15,700 MW nuclear and 3,175 MW fossil/other; generation assets held for sale are excluded.
  • Capacity performance price: $325 across the listed zones.
  • Cleared volumes by zone: ComEd 10,200 MW; EMAAC 6,550 MW; MAAC 1,725 MW; BGE 375 MW; RTO 25 MW.

The summary is written by an AI model reading the filing.

Model 005 · prompt 01d34d48e3

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