[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  TheValueist [@TheValueist](/creator/twitter/TheValueist) on x 1557 followers Created: 2025-07-23 13:10:45 UTC After results from PJM's 2026/27 Base Residual Auction were released and prices cleared at the ceiling of $329.17/MW-day, Morgan Stanley analyst David Arcaro contends that the price increase has "the most meaningful impact" on EBITDA for Talen Energy $TLN and "modest impacts" to Vistra $VST, Constellation Energy $CEG, PSEG (PEG) and NRG Energy $NRG. The auction results reflect tight market fundamentals, says the analyst, who expresses "increased conviction" in the 2027/28 auction in December also clearing at the ceiling. XXX engagements  **Related Topics** [$nrg](/topic/$nrg) [nrg](/topic/nrg) [peg](/topic/peg) [$ceg](/topic/$ceg) [constellation](/topic/constellation) [$vst](/topic/$vst) [coins energy](/topic/coins-energy) [$32917mwday](/topic/$32917mwday) [Post Link](https://x.com/TheValueist/status/1948007882093420640)
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TheValueist @TheValueist on x 1557 followers
Created: 2025-07-23 13:10:45 UTC
After results from PJM's 2026/27 Base Residual Auction were released and prices cleared at the ceiling of $329.17/MW-day, Morgan Stanley analyst David Arcaro contends that the price increase has "the most meaningful impact" on EBITDA for Talen Energy $TLN and "modest impacts" to Vistra $VST, Constellation Energy $CEG, PSEG (PEG) and NRG Energy $NRG. The auction results reflect tight market fundamentals, says the analyst, who expresses "increased conviction" in the 2027/28 auction in December also clearing at the ceiling.
XXX engagements
Related Topics $nrg nrg peg $ceg constellation $vst coins energy $32917mwday