New report highlights long-term profit projections for Pennsylvania nuclear generators
Profits projected at more than $3.4 billion through 2028
HARRISBURG, PA (April 29) – Former PJM Interconnection chief economist Paul Sotkiewicz released a report detailing his research around the high profitability of four of the five Pennsylvania nuclear power generators through at least 2028.
The report, titled Market and Financial Position of Nuclear Resources in Pennsylvania, offers a 10-year outlook that shows Pennsylvania nuclear power generators are projected to make more than $3.4 billion in profits. Should Three Mile Island continue to operate at a loss for that same 10-year time period, the total industry profits over 10 years would be $2.9 billion.
The profit outlook for individual plants is as follows:
- Limerick – $1.5 billion (Exelon)
- Peach Bottom – $633 million (Exelon)
- Susquehanna – $631 million (Talen Energy)
- Beaver Valley – $624 million (FirstEnergy Solutions)
- TMI – -$466 million (Exelon)
Sotkiewicz’s full report is attached below.
Market and Financial Position of Nuclear Resources in Pennsylvania
PDF - 595 Kb