Talen Energy Announces The Federal Energy Regulatory Commission Has Approved The Terms Under Which Talen Will Operate Units At Its Brandon Shores And H.A. Wagner Power Plants Until May 31, 2029, Beyond Their Scheduled May 31, 2025 Retirement Dates.

Benzinga·05/01/2025 22:01:48

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Talen Energy Corporation ("Talen") (NASDAQ:TLN) announced today that the Federal Energy Regulatory Commission (the "FERC") has approved the terms under which Talen will operate units at its Brandon Shores and H.A. Wagner power plants until May 31, 2029, beyond their scheduled May 31, 2025 retirement dates.

Talen, PJM Interconnection, L.L.C. ("PJM"), and a broad coalition of the Maryland Public Service Commission, Maryland customers, and electric utilities reached agreement in January on the "reliability-must-run" or "RMR" agreement approved today by FERC. Under the RMR agreement, Brandon Shores Units 1 and 2 and H.A. Wagner Units 3 and 4 will remain in service and provide power necessary to maintain grid and transmission reliability in and around the City of Baltimore until transmission upgrades to provide reliable power to the area from other sources are complete.

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