Results
Constellation Energy Corporation
07/14/2026 | Press release | Distributed by Public on 07/14/2026 15:23
Material Event (Form 8-K)
Item 8.01. Other Events
On July 14, 2026, Constellation Energy Corporation (the Company) learned the results of the PJM capacity auction for the 2028-2029 planning year. Each of the Company's power plants located in the PJM market cleared in the auction. Capacity revenues for nuclear units are included in the gross receipts calculation for the Production Tax Credit. The auction results take effect June 1, 2028.
The table below lists the Company's cleared capacity volumes for the 2028-2029 capacity auction by zone. Cleared capacity volumes for generation assets held for sale are excluded.
| Cleared Volumes at Ownership | Capacity Performance | ||||||||||
| MW | Price | ||||||||||
| COMED | |||||||||||
| Nuclear | 9,800 | $ | 325 | ||||||||
| Fossil/Others | 400 | 325 | |||||||||
| Sub Total | 10,200 | ||||||||||
| EMAAC | |||||||||||
| Nuclear | 4,325 | $ | 325 | ||||||||
| Fossil/Others | 2,225 | 325 | |||||||||
| Sub Total | 6,550 | ||||||||||
| MAAC | |||||||||||
| Nuclear | 1,575 | $ | 325 | ||||||||
| Fossil/Others | 150 | 325 | |||||||||
| Sub Total | 1,725 | ||||||||||
| BGE | |||||||||||
| Nuclear | - | $ | 325 | ||||||||
| Fossil/Others | 375 | 325 | |||||||||
| Sub Total | 375 | ||||||||||
| RTO | |||||||||||
| Nuclear | - | $ | 325 | ||||||||
| Fossil/Others | 25 | 325 | |||||||||
| Sub Total | 25 | ||||||||||
| PJM Portfolio | |||||||||||
| Nuclear | 15,700 | ||||||||||
| Fossil/Others | 3,175 | ||||||||||
| Grand Total | 18,875 | ||||||||||
* * * * *
This combined Current Report on Form 8-K is being furnished separately by Constellation Energy Corporation and Constellation Energy Generation, LLC (collectively, the Registrants). Information contained herein relating to one of the Registrants has been furnished by the Registrant on its own behalf. Neither Registrant makes any representation as to information relating to the other Registrant.
This report contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Words such as "could," "may," "expects," "anticipates," "will," "targets," "goals," "projects," "intends," "plans," "believes," "seeks," "estimates," "predicts," and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic, and financial performance, are intended to identify such forward-looking statements.
Constellation Energy Corporation published this content on July 14, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on July 14, 2026 at 21:24 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]