Parent Of Retail Supplier (Integrated Generator) Developing 1 GW Of Renewables, Storage

Talen Energy Corp. ("Talen") today announced that it has committed to a "strategic repositioning" of its power generation fleet that will eliminate the use of coal at all Talen wholly-owned facilities.

"Talen's move away from coal and future growth will be underpinned by approximately one Gigawatt of renewable energy (solar and wind) and battery storage projects currently under development across our existing asset footprint," said Alex Hernandez, President of Talen Energy. "Our first 100 Megawatt solar generation joint project will be located adjacent to our Montour generation facility in Washingtonville, Pennsylvania. We anticipate the project will break ground in the fourth quarter of 2021 and be one of the largest renewable energy investments in the Commonwealth."

With respect to the coal plants, Talen's Montour generation facility located in Pennsylvania and its Brandon Shores and H.A. Wagner coal generation facilities located in Maryland will cease coal-fired operations by the end of 2025 and repower pending approvals by state agencies. These facilities will join Talen's Brunner Island generation facility in Pennsylvania, which previously committed to transition from coal by the end of 2028. In total, they represent approximately five Gigawatts of generating capacity and over 30% of Talen's total generating capacity.

Talen intends to repower the impacted plants to run on alternate fuel sources, with some assuming the role of capacity resource.

"Customers in our markets are looking for clean power offerings that meet their reliability and cost requirements. Talen's combination of renewables, zero-carbon nuclear, and battery storage assets will provide a clean, affordable, and reliable power solution to our customers," Hernandez said.