Exelon Announces Outcome of 2016-17 PJM Transition Auction

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Go back to Exelon Announces Outcome of 2016-17 PJM Transition Auction

Exelon Corp. (EXC) Announces Clearance of PJM Nuclear Plants

September 1, 2015 8:07 AM EDT

Exelon Corp. (NYSE: EXC) announced that all of the Illinois nuclear plants in PJM cleared in the transition capacity auction for the 2016-17 planning year. The auction results take effect in June 2016.

This is the first of two transitional auctions that PJM is holding to supplement its prior base capacity auctions for the 2016-17 and 2017-18 planning years with the new capacity performance product, which is designed to... More