Vistra Reports Quantities Cleared In PJM Capacity Auction
June 22, 2022 Email This Story Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • email@example.com
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Vistra today reported its results from the PJM capacity auction for planning year 2023/2024.
The company cleared a total of 6,868 megawatts (MW) at a weighted average clearing price of $37.20 per megawatt-day, equating to approximately $94 million in capacity revenue for the 2023/2024 planning year.
Including Vistra's incremental revenue of approximately $70-75 million from existing retail and other third-party bilateral sales above the capacity auction clearing price, Vistra's total estimated revenues for the 2023/2024 planning year as of June 21, 2022 are projected to be approximately $164-169 million.
The table below lists Vistra's cleared capacity and associated clearing price for the 2023/2024 capacity auction by zone and reporting segment.