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Property, Plant, and Equipment (Tables)
12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
Schedule of Property, Plant and Equipment
December 31,
20242023
(in millions)
Power generation and structures$22,783 $17,297 
Land603 572 
Office and other equipment160 159 
Total23,546 18,028 
Less accumulated depreciation(8,020)(6,657)
Net of accumulated depreciation15,526 11,371 
Finance lease right-of-use assets (net of accumulated amortization)153 160 
Nuclear fuel (net of accumulated amortization of $409 million and $120 million)
1,434 379 
Construction work in progress1,060 522 
Property, plant, and equipment — net$18,173 $12,432 
Schedule of Planned Retirements of Generation Capacity
The following are all of our facilities that have either been retired, or that have announced retirement dates. Operation results for plants with defined retirement dates are included in our Asset Closure segment at the beginning of the calendar year the retirement is expected to occur.
FacilityLocationISO/RTOFuel TypeNet Generation Capacity (MW)
Announced Retirement Date (a)
Segment
BaldwinBaldwin, ILMISOCoal1,185
By the end of 2027
East
Coleto CreekGoliad, TXERCOTCoal650
By the end of 2027 (b)
Texas
KincaidKincaid, ILPJMCoal1,108By the end of 2027
East
Miami FortNorth Bend, OHPJMCoal1,020By the end of 2027
East
NewtonNewton, IL
MISO
Coal615By the end of 2027
East
EdwardsBartonville, ILMISOCoal585Retired January 1, 2023Asset Closure
JoppaJoppa, ILMISOCoal802Retired September 1, 2022Asset Closure
JoppaJoppa, ILMISONatural Gas221Retired September 1, 2022Asset Closure
ZimmerMoscow, OHPJMCoal1,300Retired June 1, 2022Asset Closure
Total7,486
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(a)Generation facilities may retire earlier than expected dates disclosed if economic or other conditions dictate.
(b)Following the retirement of Coleto Creek as a coal-fueled plant, the Company intends to repower it as a gas-fueled plant.