Current Report · Items 8.01 · 8-K
Constellation Energy Corporation
CEGNASDAQEQUITYCurrent
Other Events
Item 8.01. Other Events On July 14, 2026, Constellation Energy Corporation (the Company) learned the results of the PJM capacity auction for the 2028-2029 planning year. Each of the Company's power plants located in the PJM market cleared in the auction. Capacity revenues for nuclear units are included in the gross receipts calculation for the Production Tax Credit. The auction results take effect June 1, 2028.…
Filed Jul 14, 2026Accepted Jul 14, 2026, 5:23 PM EDTCIK 1868275Accession 0001868275-26-000080
Company context
We are the largest private-sector power producer in the world and the nation’s largest producer of clean and reliable energy. With 55 gigawatts of capacity from nuclear, natural gas, geothermal, hydro, wind and solar facilities, our fleet has the generating capacity to power the equivalent of 27 million homes, providing about 10% of the nation’s clean energy and delivering the around-the-clock reliability needed to power America’s growing economy. We are also the largest nuclear energy company in the U.S. and a leading competitive retail supplier, serving more than 2.5 million homes, businesses and public sector customers nationwide, including three-fourths of the Fortune 100. We are committed to investing in innovation and new technologies to drive the transition to a reliable, sustainable and secure energy future.
Current securities
Disclosure sections
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Item 8.01Item 8.01 - Other Events
Item 8.01. Other Events
On July 14, 2026, Constellation Energy Corporation (the Company) learned the results of the PJM capacity auction for the 2028-2029 planning year. Each of the Company's power plants located in the PJM market cleared in the auction. Capacity revenues for nuclear units are included in the gross receipts calculation for the Production Tax Credit. The auction results take effect June 1, 2028.
The table below lists the Company's cleared capacity volumes for the 2028-2029 capacity auction by zone. Cleared capacity volumes for generation assets held for sale are excluded.
Cleared Volumes at Ownership Capacity Performance
MW Price
COMED
Nuclear 9,800 $ 325
Fossil/Others 400 325
Sub Total 10,200
EMAAC
Nuclear 4,325 $ 325
Fossil/Others 2,225 325
Sub Total 6,550
MAAC
Nuclear 1,575 $ 325
Fossil/Others 150 325
Sub Total 1,725
BGE
Nuclear — $ 325
Fossil/Others 375 325
Sub Total 375
RTO
Nuclear — $ 325
Fossil/Others 25 325
Sub Total 25
PJM Portfolio
Nuclear 15,700
Fossil/Others 3,175
Grand Total 18,875
* * * * *
This combined Current Report on Form 8-K is being furnished separately by Constellation Energy Corporation and Constellation Energy Generation, LLC (collectively, the Registrants). Information contained herein relating to one of the Registrants has been furnished by the Registrant on its own behalf. Neither Registrant makes any representation as to information relating to the other Registrant.
This report contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to risks and uncertainties. Words such as “could,” “may,” “expects,” “anticipates,” “will,” “targets,” “goals,” “projects,” “intends,” “plans,” “believes,” “seeks,” “estimates,” “predicts,” and variations on such words, and similar expressions that reflect our current views with respect to future events and operational, economic, and financial performance, are intended to identify such forward-looking statements.
Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. The factors that could cause actual results to differ materially from the forward-looking statements made by the Registrants include those factors discussed herein as well as the items discussed in (1) the Registrants' combined 2025 Annual Report on Form 10-K in (a) Part I, ITEM 1A. Risk Factors, (b) Part II, ITEM 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and (c) Part II, ITEM 8. Financial Statements and Supplementary Data: Note 18 - Commitments and Contingencies; (2) the Registrants' First Quarter 2026 Quarterly Report on Form 10-Q in (a) Part II, ITEM 1A. Risk Factors, (b) Part I, ITEM 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and (c) Part I, ITEM 1. Financial Statements: Note 15 - Commitments and Contingencies; and (3) other factors discussed in filings with the SEC by the Registrants.
Investors are cautioned not to place undue reliance on these forward-looking statements, whether written or oral, which apply only as of the date of this Current Report on Form 8-K. Neither Registrant undertakes any obligation to publicly release any revision to its forward-looking statements to reflect events or circumstances after the date of this Current Report on Form 8-K.