Exhibit 12(b)
PPL ENERGY SUPPLY, LLC AND SUBSIDIARIES COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES (Millions of Dollars)
			12 Months Ended June 30,			12 Months Ended December 31,
			2002 (b)			2001(b)		2000(b)		1999			1998			1997
Fixed charges, as defined:
	Interest on long-term debt		$	63		$	36	$	54	$	20		$	11		$	1
	Interest on short-term debt and other interest			13			33		75		32			14			11
	Amortization of debt discount, expense and    premium - net			5			2		11		1
	Estimated interest component of operating rentals			19			19		9
		Total fixed charges	$	100		$	90	$	149	$	53		$	25		$	12
Earnings, as defined:
	Net income (loss) (a)		$	(3	)	$	168	$	246	$	(20	)	$	12		$	(15	)
	Less undistributed income (loss) of equity   method investments			51			20		74		56			3			(25	)
			$	(54	)	$	148	$	172	$	(76	)	$	9		$	10
Add (Deduct):
	Income taxes (benefit)			221			274		124		(29	)		(6	)		(1	)
	Total fixed charges as above   (excluding capitalized interest)			75			66		136		52			24			11
		Total earnings	$	242		$	488	$	432	$	(53	)	$	27		$	20
Ratio of earnings to fixed charges				2.4			5.4		2.9		(1.0	)		1.1			1.7
Deficiency										$	106

(a)	Net income (loss) excludes minority interest and the cumulative effect of a change in accounting principle.
(b)	Due to the corporate realignment on July 1, 2000, data subsequent to 2000 is not comparable to prior years. See Note 16 in PPL Energy Supply’s Form 10-K
	for the year ended December 31, 2001 for additional information.