Vistra Corp. (NYSE: VST) clears 10,924 MW in PJM 2028/2029 capacity auction
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Vistra Corp. reported results from the PJM Capacity Auction for planning year 2028/2029. The company cleared approximately 10,924 MW of capacity at a weighted average clearing price of $325.00 per megawatt-day across multiple PJM zones.
The largest cleared positions were in the RTO zone with 4,129.90 MW and ATSI with 2,069.50 MW, with additional capacity in COMED, DEOK, EMAAC, MAAC, and DOM, all at the same $325.00 per megawatt-day clearing price.
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8-K Event Classification
Item 8.01 — Other Events
1 item
Item 8.01
Other Events
Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Key Figures
Total Capacity Cleared: 10,924.40 MW
Weighted Average Clearing Price: $325.00 per megawatt-day
RTO Zone MWs Cleared: 4,129.90 MW
+2 more
5 metrics
Total Capacity Cleared
10,924.40 MW
PJM Capacity Auction planning year 2028/2029, total across all zones
Weighted Average Clearing Price
$325.00 per megawatt-day
Price for Vistra’s cleared capacity in PJM planning year 2028/2029
RTO Zone MWs Cleared
4,129.90 MW
Vistra capacity cleared in PJM RTO zone for planning year 2028/2029
ATSI Zone MWs Cleared
2,069.50 MW
Vistra capacity cleared in PJM ATSI zone for planning year 2028/2029
COMED Zone MWs Cleared
1,174.00 MW
Vistra capacity cleared in PJM COMED zone for planning year 2028/2029
Key Terms
PJM Capacity Auction, planning year 2028/2029, weighted average clearing price, megawatt-day
4 terms
PJM Capacity Auction technical
"Vistra received its results from the PJM Capacity Auction for planning year 2028/2029."
PJM capacity auction is a market run by the regional grid operator where electricity suppliers bid to be paid for being available to provide power during future peak demand periods; winners receive regular payments for that availability while buyers (utilities) secure enough backup supply. Think of it as buying insurance that enough power will be there when needed. For investors, auction results shape predictable revenue streams and project financing for generators, batteries and demand-response resources, and influence asset values and local power prices.
planning year 2028/2029 financial
"results from the PJM Capacity Auction for planning year 2028/2029."
weighted average clearing price financial
"cleared a total of approximately 10,924 megawatts (MW) in the auction at a weighted average clearing price of $325.00 per megawatt-day."
megawatt-day technical
"a weighted average clearing price of $325.00 per megawatt-day."
A megawatt-day measures energy equal to running one megawatt of power continuously for 24 hours, which equals 24 megawatt-hours. Investors use it to compare generation, storage and consumption over a day—similar to saying how many buckets of water flow from a faucet at a steady rate for a full day—so it helps translate plant capacity, contract volumes and revenue potential into a common, time-based unit.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What capacity did Vistra Corp. (VST) clear in the PJM 2028/2029 auction?
Vistra cleared approximately 10,924 MW of capacity in the PJM Capacity Auction for planning year 2028/2029, spread across seven PJM zones at a weighted average clearing price of $325.00 per megawatt-day.
What clearing price did Vistra Corp. (VST) achieve in the PJM 2028/2029 auction?
Vistra achieved a weighted average clearing price of $325.00 per megawatt-day for its capacity in the PJM 2028/2029 auction, with each listed PJM zone clearing at $325.00 per megawatt-day for Vistra’s resources.
Which PJM zones contributed most to Vistra Corp. (VST) capacity in 2028/2029?
Vistra’s largest cleared positions were in the RTO zone with 4,129.90 MW and the ATSI zone with 2,069.50 MW, supplemented by capacity in COMED, DEOK, EMAAC, MAAC, and DOM, all at the same clearing price.
How is Vistra Corp. (VST) capacity distributed across PJM zones for 2028/2029?
For 2028/2029, Vistra cleared 4,129.90 MW in RTO, 1,174.00 MW in COMED, 927.50 MW in DEOK, 1,819.00 MW in EMAAC, 584.80 MW in MAAC, 2,069.50 MW in ATSI, and 219.70 MW in DOM.
What planning year is covered by Vistra Corp. (VST) PJM auction results?
The PJM Capacity Auction results reported by Vistra cover planning year 2028/2029. Vistra cleared capacity across seven PJM zones at a weighted average clearing price of $325.00 per megawatt-day for that planning period.