Exhibit 12(b)
PPL ENERGY SUPPLY, LLC AND SUBSIDIARIES
COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(Millions of Dollars)
					6 Months
					Ended
					June 30,		Years Ended December 31,
					2011		2010		2009		2008		2007		2006
Earnings, as defined:
	Income (Loss) from Continuing Operations Before
		Income Taxes			$	502	$	881	$	(13)	$	671	$	785	$	557
	Adjustment to reflect earnings from equity method
		investments on a cash basis				1		7		1				2		(2)
						503		888		(12)		671		787		555
	Total fixed charges as below					139		426		364		390		388		326
			Less:
			Capitalized interest			22		33		44		57		54		21
			Interest expense and fixed charges related to
				discontinued operations		3		147		102		157		217		205
	Total fixed charges included in Income from
		Continuing Operations Before Income Taxes				114		246		218		176		117		100
			Total earnings		$	617	$	1,134	$	206	$	847	$	904	$	655
Fixed charges, as defined:
	Interest charges (a)				$	122	$	387	$	321	$	374	$	374	$	311
	Estimated interest component of operating rentals					17		38		42		15		14		15
	Fixed charges of majority-owned share of 50% or
		less-owned persons						1		1		1
			Total fixed charges (b)		$	139	$	426	$	364	$	390	$	388	$	326
Ratio of earnings to fixed charges						4.4		2.7		0.6		2.2		2.3		2.0

(a)	Includes interest on long-term and short-term debt, as well as amortization of debt discount, expense and premium - net.
(b)	Interest on unrecognized tax benefits is not included in fixed charges.