Talen Energy
PPL reported GAAP earnings of $190 million for the second quarter and executives focused on changing market dynamics in PJM during a teleconference with analysts.
New Jersey last year put an additional 62,426 new EVs on the road, a 68% increase over 2022, which has prompted some advocates to suggest the state is in reach of its goal of having 330,000 EVs in the state by 2025.
Talen Energy’s deal to carve out capacity from its Susquehanna Nuclear Plant to serve a growing data center on its site drew protests at FERC from other parties who argued the deal and others like it could shift costs and threaten reliability.
FERC has established settlement judge procedures to consider the validity of rate schedules filed by Talen Energy to continue operating its Brandon Shores and H.A. Wagner generators past their retirement date.
PJM is rejecting a study suggesting it could avoid extending the life of the Brandon Shores generator by installing storage and reconductoring several lines.
The impasse over the ERO’s latest cold weather standard has ended, with EOP-012-2 finally receiving enough votes from industry stakeholders to pass its third formal comment and ballot period.
PJM has requested that Talen Energy continue operating a portion of its H.A. Wagner Generating Station an additional three years beyond its requested 2025 deactivation date.
PJM presented three shortlisted scenarios being considered in its 2022 RTEP Window 3 to address growing data center load in Virginia and deactivation of the Brandon Shores generator outside Baltimore.
Several generation companies and PJM have indicated that they will finalize a settlement over the performance penalties the RTO assessed following Winter Storm Elliott.
The team revising NERC’s cold weather standard has more work ahead after industry respondents put the freeze on their latest proposed revisions with a negative segment-weighted vote of more than 56%.
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