UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): December 2218, 2014

Commission File Number	Registrant; State of Incorporation; Address and Telephone Number	IRS Employer Identification No.
1-11459	PPL Corporation (Exact name of Registrant as specified in its charter) (Pennsylvania) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151	23-2758192
1-32944	PPL Energy Supply, LLC (Exact name of Registrant as specified in its charter) (Delaware) Two North Ninth Street Allentown, PA 18101-1179 (610) 774-5151	23-3074920

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

[ ]		Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ]		Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ]		Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[ ]		Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Section 87 - ~~Other~~Regulation ~~Events~~FD

Item 87.01 ~~Other~~Regulation ~~Events~~FD Disclosure

~~PPL~~On ~~Energy~~December ~~Supply~~18, ~~LLC~~2014, ~~("PPL~~the Federal Energy ~~Supply~~Regulatory Commission ("FERC") ~~reported~~issued ana ~~additional~~final ~~discontinued~~order ~~operation~~approving, insubject ~~its~~to ~~report~~certain onmarket ~~Form~~power ~~10-Q~~mitigation ~~for~~requirements, the ~~quarter~~combination ~~ended~~of ~~September~~the ~~30,~~competitive ~~2014~~generation asassets aof ~~result~~PPL ofEnergy ~~the~~Supply, ~~then~~LLC ~~anticipated~~("PPL ~~sale~~Energy ofSupply") ~~the~~and ~~Montana~~certain ~~hydroelectric~~affiliates ~~generation~~of ~~facilities. See~~Riverstone ~~Note~~Power 5Holdings LLC to ~~the~~form ~~Financial~~Talen ~~Statements,~~Energy inCorporation ~~Exhibit~~("Talen ~~99.1~~Energy") as an independent, ~~for~~publicly ~~additional~~owned ~~information~~corporation. ~~PPL~~The ~~Energy~~FERC ~~Supply~~order ~~also~~required ~~reflected~~a inresponse ~~its~~from ~~report~~PPL onCorporation ~~Form~~("PPL") ~~10-Q~~and ~~for~~PPL ~~the~~Energy ~~quarters~~Supply ~~ended~~by ~~March~~January 3120, ~~2014~~2015, ~~June~~which ~~30,~~response ~~2014~~date ~~and~~was ~~September~~later extended to January 30, ~~2014~~2015. On ~~the~~January ~~retrospective~~27, ~~application~~2015, ofPPL ~~Accounting~~issued ~~for~~a ~~Obligations~~press ~~Resulting~~release ~~from~~announcing ~~Joint~~PPL and ~~Several~~Riverstone ~~Liability~~Holdings ~~Arrangements~~LLC affilate RJS Power Holdings, ~~which~~LLC ~~was~~had ~~adopted~~filed ~~effective~~the ~~January~~required 1,response ~~2014~~with FERC and describing Talen Energy's related mitigation plan.

AsA acopy ~~result~~ of ~~this discontinued operation and~~ the ~~retrospective~~press ~~application~~release ~~of the accounting standard, PPL Energy Supply~~ is ~~filing~~furnished ~~this~~as ~~Form~~exhibit ~~8-K~~99.1 ~~with the exhibits~~ hereto to conform certain financial information presented in its Annual Report on Form 10-K report for the year ended December 31, 2013 ("2013 Form 10-K"), to the discontinued operations presentation in its 2014 Third Quarter Form 10-Q report and the retrospective application of the accounting standard in its 2014 First, Second and Third Quarter Form 10-Q reports.

Additionally, as the exhibits to this Form 8-K only conform the financial information and disclosures in PPL Energy Supply's 2013 Form 10-K report to reflect this discontinued operation and the retrospective application of the accounting standard, they should be read in conjunction with the periodic report as originally filed with the Securities and Exchange Commission.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits

(d)	~~Exhibits~~	Exhibits
	12	-	PPL Energy Supply, LLC and Subsidiaries Computation of Ratio of Earnings to Fixed Charges
		99.1 -	Press Release dated January 27, 2015 announcing PPL's acceptance of additional mitigation measures related to the FERC's approval of the combination of the competitive generation assets of PPL Energy Supply and certain affiliates of Riverstone Holdings LLC to form Talen Energy as an independent, publicly owned corporation.
	23	-	Consent of Ernst & Young LLP
	99.1	-	Management's Discussion and Analysis of Financial Condition and Results of Operations and Financial Statements of PPL Energy Supply, LLC for the year ended December 31, 2013

~~SIGNATURE~~SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the ~~Registrant~~Registrants ~~has~~have duly caused this report to be signed on ~~its~~their behalf by the undersigned hereunto duly authorized.

	PPL CORPORATION

	By:	/s/ Stephen K. Breininger
		Stephen K. Breininger Vice President and Controller

	PPL ENERGY SUPPLY, LLC

	By:	/s/ Stephen K. Breininger
		Stephen K. Breininger Controller

Dated: ~~December~~January 2227, ~~2014~~2015

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