Wire · founder news, decoded · operational-macro
Constellation Energy clears PJM capacity auction, boosting outlook
Constellation Energy's nuclear and fossil fleet cleared the PJM capacity auction for 2028-2029, securing 18,875 MW of capacity (15,700 MW nuclear) and confirming revenue stability through Production Tax Credit eligibility tied to capacity gross receipts.
This Wire brief sits within Fusion42's coverage of Clean Energy and Energy Storage. Wire is Fusion42's founder-focused intelligence feed: each story is connected to the funds and startups it names — every one with a live profile on Raise or Scout — so founders can follow the capital and the momentum behind the headline rather than just the headline itself. Wire analysis is one of the live surfaces Arthur, Fusion42's AI co-founder, reasons over.
The Wire takeaway
If you sell power to the grid, your revenue is now locked in two years out at whatever Constellation just cleared. If you're building small modular reactors, distributed generation, or demand response, you now know the floor price you need to beat to displace this nuclear fleet.
Read the full story at theglobeandmail.com →
Topics: Clean Energy · Energy Storage · nuclear-economics · capacity-auctions · pjm-market · grid-capacity · tax-credits