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March 1, 2024
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How Exelon Won by Losing
Capacity Revenues Jump Despite Nukes’ Failure to Clear Auction
Exelon shareholders shed no tears last week over the news that five of the company’s nuclear units failed to clear PJM’s capacity auction. Analysts say the company will earn almost $150 million more in capacity revenue than it would have if all of the company’s capacity had cleared.
Capacity MarketNuclear Power