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Vistra Reports PJM Auction Results For 2024/2025

February 28, 2023

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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com

Vistra today reported its results from the PJM capacity auction for 2024/2025 planning year.

Vistra cleared a total of 6,905 megawatts (MW) at a weighted average clearing price of $43.25 per megawatt-day, equating to approximately $109 million in capacity revenue for the 2024/2025 planning year.

Including Vistra's incremental revenue of approximately $11-15 million from existing retail and other third-party bilateral sales above the capacity auction clearing price, Vistra's total estimated revenues for the 2024/2025 planning year as of Feb. 28, 2023 are projected to be approximately $120-124 million.

The table below lists Vistra's cleared capacity and associated clearing price for the 2024/2025 capacity auction by zone and reporting segment.

1 Total may not sum due to rounding.

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