Susquehanna Nuclear PPA — up to 1,920 MW carbon-free from 2.5 GW Susquehanna Steam Electric Station, Salem Township, Pennsylvania (PJM)
$18B / 1,920 MW × ~24/7 × 17 yrs ≈ $55-65/MWh implied. Talen disclosed ~$18B total revenue but not explicit $/MWh. CONFIDENCE: LOW. Listed here because it is the marquee PJM hyperscaler deal but the implied price is below the $80-100 hyperscaler-premium thesis (because it is behind-the-meter for an existing baseload asset rather than incremental REC procurement). COD: 2025-06-11. Contract term: 17 years. Price confidence: low.
Deal Value
1,920MW
Capacity
Nuclear
Technology
PA
Location
Deal Details
- Deal Type
- Corporate PPA
- Seller / Sponsor
- Talen Energy
- Buyer / Financier
- Amazon (AWS)
- Offtaker
- Amazon (AWS)
- Stage
- Operating
- ISO/RTO
- PJM
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