Exelon and Dynegy have reported their MW cleared in the PJM 2019-20 BRA.

Exelon Generation Company, LLC’s Quad Cities and Three Mile Island nuclear plants in the PJM market did not clear in the auction. While a portion of Exelon's Byron nuclear plant’s capacity did not clear in the auction, the plant is committed to operate through May 2020. Generation’s other nuclear plants in PJM cleared in the auction, except Oyster Creek, which is scheduled to retire in 2019 and did not participate in the auction.

As previously reported, Exelon said that it would retire its Quad Cities and Clinton nuclear plants if legislation providing additional revenue to the plants is not passed during the spring Illinois legislative session scheduled to end on May 31.

Exelon further said that, "This is the second consecutive year that Three Mile Island Unit 1 failed to clear the PJM capacity auction. Although the plant is committed to operate through May 2018, the plant faces continued economic challenges and Exelon is exploring all options to return it to profitability."

Exelon detailed its MW cleared by zone in an 8-K filed today (click here)

Dynegy Inc. reported that it cleared a total of 9,804 megawatts (MW) in the BRA at a weighted average clearing price of $134 per megawatt-day equating to approximately $481 million in capacity revenues for the 2019/2020 planning year.

This total includes Dynegy’s PJM fleet that cleared 9,187 MW at a weighted average price of $137 per megawatt-day for total capacity revenues of $460 million, and IPH’s exports to PJM that cleared 617 MW at a weighted average price of $92 per megawatt-day for total capacity revenues of $21 million.

See Dynegy’s news release for cleared capacity and associated clearing price for the 2019/2020 capacity auction by zone (click here)