Talen Energy Supply 8-K Other Events

Exhibit 12(b)
PPL ENERGY SUPPLY, LLC AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Millions of Dollars)
	2008 (a)		2007 (a)			2006 (a)			2005 (a)		2004 (a)
Earnings, as defined:
Income from Continuing Operations Before Income Taxes (b)	$	1,085	$	1,095		$	841		$	619	$	825
Less earnings of equity method investments		1		3			5			5		4
Distributed income from equity method investments		1		5			3			5		4
		1,085		1,097			839			619		825
Total fixed charges as below		390		388			326			307		289
Less:
Capitalized interest		57		54			21			7		5
Interest expense related to discontinued operations		4		29			30			31		24
Total fixed charges included in Income from Continuing Operations Before Income Taxes		329		305			275			269		260
Total earnings	$	1,414	$	1,402		$	1,114		$	888	$	1,085
Fixed charges, as defined:
Interest on long-term debt	$	345	$	353		$	296		$	259	$	255
Interest on short-term debt and other interest		27		24			16			26		23
Amortization of debt discount, expense and premium - net		2		(3	)		(1	)		7		(6	)
Estimated interest component of operating rentals		15		14			15			15		17
Fixed charges of majority-owned share of 50% or less-owned persons		1
Total fixed charges (c)	$	390	$	388		$	326		$	307	$	289
Ratio of earnings to fixed charges		3.6		3.6			3.4			2.9		3.8

(a)	Certain line items have been revised due to the anticipated sales of the Long Island generation business and the majority of the Maine hydroelectric generation business and the related reclassification of operating results to Discontinued Operations.  See Note 10 to the Financial Statements for additional information.
(b)	Revised to reflect the retrospective application of SFAS 160.  See Note 1 to the Financial Statements for additional information.
(c)	Interest on unrecognized tax benefits is not included in fixed charges.