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Vistra Reports PJM Auction Results For 2024/2025
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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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February 28, 2023
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Copyright 2010-21 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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