Summary
Vistra Corp. (VST) has announced its results from the PJM Capacity Auction for the 2026/2027 planning year. The company successfully cleared approximately 10,314 megawatts (MW) of capacity. The weighted average clearing price for this capacity was $329.17 per megawatt-day, a significant figure that will inform future revenue expectations. This outcome demonstrates Vistra's substantial presence and competitive standing within the PJM market. Investors should monitor how this cleared capacity translates into realized revenue and impacts the company's overall financial performance in the coming years. The diversification of cleared capacity across various zones within PJM also suggests a broad market reach and ability to meet regional demand.
Key Highlights
- 1Vistra cleared approximately 10,314 MW in the PJM Capacity Auction for the 2026/2027 planning year.
- 2The weighted average clearing price for the cleared capacity was $329.17 per megawatt-day.
- 3The cleared capacity is distributed across multiple zones within the PJM RTO, including RTO, COMED, DEOK, EMAAC, MAAC, ATSI, and DOM.
- 4The RTO zone represents the largest portion of cleared capacity at 3,969.6 MW.
- 5The specific clearing prices in each zone were uniformly $329.17 per megawatt-day.
- 6This auction result provides forward-looking revenue visibility for Vistra's capacity assets in the PJM market for the specified planning year.