May 6, 2025

Talen scores lower payouts to keep its Maryland power plants online for grid reliability

The settlement calls for Talen’s generators to bid into PJM’s capacity market, with any revenues to offset customer costs.

Compensation Cut: FERC approved reduced payments to maintain the operation of units at Talen Energy Corp.’s Brandon Shores and H.A. Wagner power plant in Maryland, according to a May 1 order. Under the reliability-must-run (RMR) service agreement, reached via a contested settlement, the units will run through the end of 2028. Reduced Rates: Brandon Shores' fixed-cost rate decreases 17% from ...

Details:

Filing Date: May 1, 2025

Docket Numbers:

ER24-1787

ER24-1790

Short Summary:

FERC approved reduced payments to maintain the operation of units at Talen Energy Corp.’s Brandon Shores and H.A. Wagner power plant in Maryland, according to a May 1 order. Under the reliability-must-run (RMR) service agreement, reached via a contested settlement, the units will run through the end of 2028.

Impact Level:

Categories:

Rate & Tariff Tracker

Tags: Coal-Fired Generators, Generator Deactivations, Grid Reliability, Oil-Fired Generators, Reliability Must Run Units, Resource Adequacy

Entities: Talen Energy Corp.

Markets: PJM Interconnection (PJM)

Regions: Mid-Atlantic & Midwest

States: Maryland

Regulators: FERC

Courts:

Documents:

Reliability Must Run Agreement – Settlement – Order Approving